News

Congress passed a giant tax bill that includes the Senate's SALT changes that allow rich Americans in high-tax states to save ...
Senate Republicans passed changes to the federal deduction for state and local taxes, known as SALT. Here's how the SALT ...
The new GOP tax law quadruples how much people can deduct in state and local taxes off their federal returns, offering ...
Moderate House Republicans from high-tax blue states and the Trump administration are zeroing in on an agreement for the ...
Senate Republicans’ tax bill raises the "SALT" deduction cap to $40,000. Here's who could benefit from the change.
An AICPA statement after the bill was issued by the Senate Budget Committee lauded lawmakers for “diligent work to reject new ...
The Senate has approved a significant change to the State and Local Tax (SALT) deduction, raising the limit to $40,000.
New York Rep. Mike Lawler told Fox News Digital that he is pleased with the Senate's latest compromise on state and local tax ...
Notably, by changing the bill, the total Senate bill will cost $37 billion more than it would have, according to the Joint Committee on Taxation.
Republicans are set to meet behind closed doors Saturday afternoon to test support.
America's takeaway from this should be to laugh hysterically the next time Republicans claim to be the party of responsible ...
We estimate the Senate’s direct SALT relief is roughly 10 percent larger than the House, and the combined SALT relief and Alternative Minimum Tax (AMT) changes are two-thirds larger.1 If made ...