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

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

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

On May 22, 2025, the House of Representatives passed the One Big Beautiful Bill Act (OBBBA). Tax-related proposals contained in the OBBBA would ...

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

Michael Dowling, CEO of Northwell Health, stands with Reps. Tom Suozzi (D-Glen Cove) and Laura Gillen (D-Rockville Centre) as ...

Senate Republicans are deeply divided over President Trump’s “big, beautiful bill,” which the House passed by a single vote last week, setting up a battle in the upper chamber between moderates ...

On May 22, 2025, the U.S. House of Representatives approved H.R. 1, also known as the “One Big Beautiful Bill Act” (the House Bill). The House ...

Following the historic passage of the One Big Beautiful Bill Act by just one vote — 215 to 214 with two House Republicans voting no, U.S. Reps. Warren Davidson (R-Ohio) and Thomas Massie (R-Ky.) — the ...

Thanks to pressure from them, the version that passed the House would increase SALT deductions to a maximum of $40,000, with phaseouts for anyone making more than $500,000 a year.