News

The GOP-backed 'One Big Beautiful Bill Act' proposes a significant increase in the SALT deduction limit, aiming to appease ...
The State and Local Tax (SALT) deduction has been a pivotal aspect of the U.S. tax system, especially impacting taxpayers in ...
As the Senate considers next steps for the House-passed “big, beautiful” tax bill, the battle lines have been drawn for a ...
Raising the current $10,000 cap on the State and Local Tax (SALT) deduction would primarily benefit high earners ...
House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.
The State and Local Tax (SALT) deduction is a rule that helps people lower the amount of federal taxes they owe. It lets you deduct the state and local taxes you’ve already paid, like income tax, ...
As the big, beautiful tax bill winds its way through Congress, Wisconsin construction companies are watching for tax ...
President Trump told the rep Tuesday to back off on his demand for a higher limit on state and local tax (SALT) deductions — ...
Breaking that out more, 20% of taxpayers in California’s 40th Congressional District — represented by Kim, it covers eastern ...
Rep. Young Kim rejects SALT cap proposal of $30,000, calling it a ‘slap in the face’ Trump seems open to increasing SALT cap, local GOP House member says after meeting OC Rep. Young Kim ...