Highlights of the bill include a bigger SALT deduction, cuts to Medicaid, and tax breaks on tipped wages. Here’s how it may ...

House lawmakers on Thursday morning passed changes for the federal deduction for state and local taxes, known as SALT, as ...

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 reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of ...

President Donald Trump’s “One Big Beautiful Bill Act,” which narrowly passed through the House of Representatives early ...

Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and ...

The bill now faces a difficult test of making it through a Republican-controlled Senate with different preferences and ...

In a phone call, Smith told the Washington Examiner that he expects only marginal changes from the Senate, which is now ...

The state and local tax deduction is up for consideration again on Capitol Hill. What does it mean for you and your property taxes?

The SALT deduction cap should be $0. People should not be able to deduct their state and local tax burdens from their federal ...

Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...

House lawmakers debated the contours of President Donald Trump’s tax cuts throughout the night as they race to meet a ...