News

The tax landscape for millions of Americans is about to undergo a significant shift with proposed changes to the state and ...
The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.
A proposed $40,000 cap on the SALT deduction reignites debate over who benefits most, especially in high-tax states.
As "One Big Beautiful Bill Act" is expected to reduce taxes, experts argue whether it will cater to the value or growth ...
House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.
The House Rules Committee advanced President Trump's "One Big Beautiful Bill Act" in an 8-4 vote following a marathon 22-hour ...
Bulls maintain the upper hand as long as gold can hold above the 50-day EMA and previous-resistance-turned-support in the $3150 area. After setting an all-time record “closing” high yesterday (to the ...
The state and local tax deduction is up for consideration again on Capitol Hill. What does it mean for you and your property taxes?
Speaker Mike Johnson (R-La.) and moderate Republicans have zeroed in on an agreement for the state and local tax (SALT) ...
The question that faced the House Ways and Means Committee this week was, “Just how much SALT is enough to get the budget reconciliation bill across the finish line?” That, of course, is the ...
It’s a non-starter with representatives in the House’s so-called “SALT Caucus,” who have campaigned for years to repeal completely the $10,000 limit on the deduction for federal income taxes.
House Republicans are planning to triple the state and local tax (SALT) deduction cap to $30,000 in their plan to pass President Trump’s “big, beautiful” agenda bill, despite New York ...