The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some ...

As reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of ...

On May 22, the House of Representatives passed proposed tax legislation titled, “The One, Big, Beautiful Bill” (TOBBB), which will now be debated ...

Congress faces pressure to refine tax policy by eliminating ineffective deductions and securing permanent tax cuts to help ...

A proposed $40,000 cap on the SALT deduction reignites debate over who benefits most, especially in high-tax states.

Despite efforts by House Speaker Mike Johnson to alleviate Musk’s concerns over the One Big Beautiful Bill Act, Musk ...

Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...

No one is calling for a return of the country club dues tax deduction, but even conservatives say that’s more defensible than ...

The new version of the Trump tax bill would raise the state and local tax deduction cap to $40,000, in an effort win over a ...

The House of Representatives just approved a tax bill that could raise the State and Local Tax (SALT) deduction cap for some ...

President Donald Trump’s “One Big Beautiful Bill Act,” which narrowly passed through the House of Representatives early ...

U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...