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No one is calling for a return of the country club dues tax deduction, but even conservatives say that’s more defensible than ...
Breaking that out more, 20% of taxpayers in California’s 40th Congressional District — represented by Kim, it covers eastern ...
A U.S. House bill proposes raising the federal deduction cap for state and local taxes (SALT) to $40,000, potentially ...
The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some ...
While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...
When people file their federal taxes, they choose one of two deductions - either the standard, which is based on filing status and is a set amount around $30,000 for a married couple or by itemizing ...
Republican lawmakers in the House appeared to have reached a new agreement late Tuesday on the state and local tax deduction, ...
Some congressional lawmakers are trying to lift Trump-era caps on state and local tax deductions as part of the new Republican tax bill.
SALT allows taxpayers to deduct state and local taxes, including property tax, from their federal tax bill if they itemize ...
Raising the current $10,000 cap on the State and Local Tax (SALT) deduction would primarily benefit high earners ...
Young Kim told voters she was working to fully repeal the cap on SALT. Kim wasn’t referring ... tax policy Porter-backed bill seeks to restore SALT deductions capped under 2017 tax act Rather ...
House Republicans passed President Donald Trump’s “one big, beautiful bill” on May 22. This meaty budget reconciliation bill ...