The 2025 federal tax reform introduces significant changes to the State and Local Tax (SALT) deductions, particularly ...

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 ...

The House of Representatives passed its version of the fiscal year (FY) 2025 budget reconciliation bill on May 22 by the narrow margin of 215 to 214, with one Member voting present. The bill, titled ...

The hard-fought increase to the cap on state and local tax deductions that was instrumental to passing the House GOP tax bill ...

If you currently deduct state and local taxes (SALT) on your federal return, the upcoming 2025 tax reform proposal might ...

showing that reform has support across party lines. The increase in the SALT deduction cap may be a mistake, but the reality is that without it, the entire bill—and its major victories—might ...

As Trump’s first budget reconciliation package sits in the Senate, House GOP leadership is already bringing up the idea of a ...

Ky., wants to get rid of the “One Big Beautiful Bill.” Massie, who voted against the bill, says it is too bloated with ...

President Donald Trump may be facing some opposition from his own side of the aisle when it comes to his “One, Big, Beautiful ...

Hill GOP leaders are in full-on damage control as they scramble to save their megabill — and themselves — from the blast ...