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The new SALT deduction: Implications for PTET taxes
As Republicans push for a comprehensive tax and spending bill, the spotlight is on the State and Local Tax (SALT) deduction.
These High Tax States Could Benefit the Most From Higher SALT Deduction
Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...
House panel releases sweeping GOP tax bill
The House Ways and Means Committee on Monday released a fuller version of its part of Republicans’ bill full of President ...
How much SALT is enough?
Members in high-tax states are threatening to vote against the budget bill unless they see a hike in the SALT deduction.
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Battle over SALT deduction heats up amid debate over GOP’s $4 trillion tax bill
Futzing with the cap has serious implications on the total ... Importantly, even with the SALT cap, many wealthy households' tax bills are still smaller than they were in before the 2017 tax ...
Update On Proposed Tax Law Changes In The House And Senate
As Congress deliberates these proposals, the potential impact on taxpayers, businesses, and the broader economy remains a ...
House Passes Sweeping Trump Tax Bill Amid Controversy Over Cuts and Costs
The House of Representatives narrowly passed a sweeping piece of legislation backed by former President Donald Trump ...
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GOP infighting complicates path for spending and tax bill in Congress
Modifications to Medicaid eligibility raise alarms among Republicans, with potential impacts on millions of Americans ...
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N.J. House Republicans support GOP’s sweeping Medicaid, tax bill in early-morning vote
At 6:54 a.m. this morning – after several days of political wrangling and an all-nighter House voting session – House ...
How would the Big Beautiful Bill affect SALT? What you need to know.
The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.