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House lawmakers on Thursday morning passed changes for the federal deduction for state and local taxes, known as SALT, as ...
Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...
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Explícame on MSNSALT deduction could be less than $40,000 after being debated by the SenateThe Republican-controlled House has passed a significant tax and spending bill, advancing President Trump's priorities. A key ...
No one is calling for a return of the country club dues tax deduction, but even conservatives say that’s more defensible than ...
If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...
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SALT deduction cap increased to $40,000 in new deal reached by Republicans. What to knowRepublican lawmakers reached a deal today to raise the cap for the state and local tax deduction, known as the SALT deduction ...
The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...
President Donald Trump’s “One Big Beautiful Bill Act,” which narrowly passed through the House of Representatives early ...
Republicans in the House of Representatives have reached a deal to raise the cap on the federal deduction for state and local ...
The House just made a move that could shake up tax season for a lot of Americans-especially those in high-tax states. Lawmakers voted to raise the cap on the SALT deduction (short ...
Several New York House Republicans are taking rapid credit for a $40,000 SALT cap passed in the budget bill early on Thursday ...
The state and local tax deduction – often abbreviated as SALT – was a political flashpoint in the passage of the 2017 Tax Cuts and Jobs Act and is shaping up to be so again in 2025.
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