News

The bill would boost the maximum SALT deduction to $40,000, from the $10,000 limit in President Donald Trump’s 2017 tax overhaul. That’s good news for most affluent taxpayers in high-tax states. Still ...
House Republicans are considering raising the SALT deduction cap to $30,000 as part of Trump's tax package. Speaker Mike ...
Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...
The House-passed One Big Beautiful Bill Act (OBBBA) would add roughly $3 trillion to the debt including interest throug ...
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 largest police union in the country has issued an endorsement of key provisions of the President Donald Trump-backed "big ...
The 'One Big Beautiful Bill Act' proposes a significant change to the SALT deduction, increasing the cap from $10,000 to ...
President Donald Trump’s One Big Beautiful Bill Act, which narrowly passed through the House of Representatives early Thursday morning in a 215-214 vote, includes an increase to the SALT — State and ...
As reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of ...
Elon Musk is criticizing the centerpiece of President Donald Trump’s legislative agenda, a significant fracture in a ...
On May 22, 2025, the U.S. House of Representatives passed the “One Big Beautiful Bill Act” (the “BBB”) as part of the Republican ...
The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...