The tax deduction was crucial to getting the bill through the House. Senate action would set up a showdown with blue state ...

Two weeks after President Donald Trump’s sweeping tax bill passed the House with razor-thin margins, the Senate has begun to ...

The House-approved tax bill could end the popular ‘SALT’ deduction workaround for certain pass-through businesses. Here’s ...

Senate Republicans plan to lower the SALT cap, which limits how much earners can deduct for state and local taxes.

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

A letter from the AICPA and CPA societies in 53 states and jurisdictions criticizes the provision in the House version of the ...

Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...

The 'Big Beautiful Bill' seeks to cement Trump’s 2017 tax cuts and alter the SALT deduction, raising concerns among ...

The passthrough entity tax/state and local tax deduction remains a priority for the AICPA. The budget bill now being ...

The 'One Big Beautiful Bill Act' faces hurdles as debate over the SALT deduction intensifies, with Senate Republicans pushing ...

The high-tax states aren’t represented by Republicans in the Senate, and the bill is predicted to be extremely costly.

The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...