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

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

If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...

The House passed the 'One Big Beautiful Bill Act' to end the SALT workaround, make Trump’s 2017 tax cuts permanent, and ...

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

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...

House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.