The House-approved tax bill could end the popular ‘SALT’ deduction workaround for certain pass-through businesses. Here’s ...

Senate Majority Leader John Thune believes the deal that led the US House to increase the maximum deduction for state and ...

Moderate House Republicans from high-tax blue states are warning senators that they will not give the “big, beautiful bill” a final stamp of approval if they change their proposal for the state ...

As the Senate considers next steps for the House-passed “big, beautiful” tax bill, the battle lines have been drawn for a ...

The passthrough entity tax/state and local tax deduction remains a priority for the AICPA. The budget bill now being ...

The deal that led to an increase of the maximum deduction for state and local taxes to $40,000 in the US House will have to ...

In an exclusive interview, the Senate majority leader laid out how he plans quick action on the GOP legislation.

The debate over the SALT deduction was among the sticking points that delayed the bill's passage through the House. As it ...

On May 22, 2025, the House of Representatives passed H.R. 1-119th Congress (2025-2026), titled as the “One, Big, Beautiful ...

The analysis by the nonpartisan Congressional Budget Office also found that the version of the bill passed by the House last ...

The House of Representatives’ Fiscal Year (FY) 2025 reconciliation bill – titled the One Big Beautiful Bill Act of 2025 (OBBBA) – would add ...