News

In the midst of negotiations for the 'One Big Beautiful Bill Act,' a group of Republicans known as the 'SALT caucus' emerged ...
As reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of ...
The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some ...
The Joint Committee on Taxation, Congress’s in-house tax scorekeeper, released the much-anticipated score for the tax portion of the reconciliation bill.
President Donald Trump’s “One Big Beautiful Bill Act,” which narrowly passed through the House of Representatives early ...
Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do just that has become a point of contention and a possible roadblock to House ...
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 ...
On May 22, 2025, the U.S. House of Representatives passed the “One Big Beautiful Bill Act” (the “BBB”) as part of the Republican ...
Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and ...
The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...
The SALT deduction cap was a key component of the 2017 Tax Cuts and Jobs Act, Trump’s signature tax legislation during his presidency. The provision limited the amount taxpayers could deduct for ...