The 'One Big Beautiful Bill Act' aims to increase the SALT deduction cap from $10,000 to $40,000, promising relief for ...

The 'One Big Beautiful Bill Act' proposes a significant change to the SALT deduction, increasing the cap from $10,000 to ...

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

Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...

The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...

The SALT deduction, as it is known, enables federal income tax filers ... The cap had an even greater impact on taxpayers in the top 1%, whose average tax cut was $40,100, instead of $71,000. But ...

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

The institute is asking lawmakers to change provisions on SALT deductions for pass-through entities, contingency fees for tax ...

Prior to the Tax Cuts and Jobs Act (“TCJA”), there was no direct limitation on an individual taxpayer’s deduction of his or ...

The House-passed One Big Beautiful Bill Act (OBBBA) would add roughly $3 trillion to the debt including interest throug ...

The version passed by the House increases that deduction limit to $40,000. The increase was a big point of contention for ...

As the big, beautiful tax bill winds its way through Congress, Wisconsin construction companies are watching for tax ...