As reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of ...

The Joint Committee on Taxation, Congress’s in-house tax scorekeeper, released the much-anticipated score for the tax portion of the reconciliation bill.

The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some ...

On May 22, 2025, the U.S. House of Representatives passed the “One Big Beautiful Bill Act” (the “BBB”) as part of the Republican ...

President Donald Trump’s “One Big Beautiful Bill Act,” which narrowly passed through the House of Representatives early ...

One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is ...

The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.

Republicans in the House of Representatives have reached a deal to raise the cap on the federal deduction for state and local ...

The House of Representatives just approved a tax bill that could raise the State and Local Tax (SALT) deduction cap for some ...

U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...

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

The new version of the Trump tax bill would raise the state and local tax deduction cap to $40,000, in an effort win over a ...