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

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

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

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

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

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

The state and local tax deduction, SALT, permits taxpayers who itemize when filing end-of-year taxes to deduct certain taxes paid to state and local governments – and it's a subject of controversy ...

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

The debate over SALT was among the sticking points that delayed the bill’s passage through the House. As it enters the Senate ...

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

The SALT deduction cap was always expected to be a battle in the Senate. While a number of vulnerable Republicans in the House care deeply about SALT, Senate Republicans don’t even have members ...

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