Senate Republicans plan to lower the SALT cap, which limits how much earners can deduct for state and local taxes.

The tax deduction was crucial to getting the bill through the House. Senate action would set up a showdown with blue state ...

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

No one is calling for a return of the country club dues tax deduction, but even conservatives say that’s more defensible than ...

Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...

The state and local tax deduction, SALT, permits taxpayers who itemize when filing end-of-year taxes to deduct certain taxes paid to state and local governments – and it's a subject of controversy ...

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

Donald Trump and Republican senators discussed ways to scale back the $40,000 state and local tax deduction cap in the House ...

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

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 ...

Republican senators left the White House warning there's little interest in preserving the deal, which would cost votes ...

Trump-backed tax bill aims to close SALT deduction loopholes, stirring debate over fairness and impact on high-income earners ...