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

The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...

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

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 ...

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

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

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

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Federal taxes would increase for many if Congress fails to renew tax cuts, but the legislation favors the rich.