A more generous state and local tax deduction added by GOP lawmakers drove an increase in the megabill's cost, according to the Joint Committee on Taxation.

President Trump shifted his stance on the state and local tax (SALT) deduction cap, a policy he implemented during his first ...

Michael Dowling, CEO of Northwell Health, stands with Reps. Tom Suozzi (D-Glen Cove) and Laura Gillen (D-Rockville Centre) as ...

As reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of ...

Rep. Nicole Malliotakis hailed the House’s passage of SALT relief in the GOP tax package, calling it a win for middle-class families in Staten Island and Brooklyn. The bill raises the state and local ...

Elon Musk is criticizing the centerpiece of President Donald Trump’s legislative agenda, a significant fracture in a ...

On May 22, 2025, the U.S. House of Representatives passed the “One Big Beautiful Bill Act” (the “BBB”) as part of the Republican ...

In a phone call, Smith told the Washington Examiner that he expects only marginal changes from the Senate, which is now ...

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

The tax bill passed by the House of Representatives on May 22, called the "One Big Beautiful Bill Act," has more than 1,000 pages of tax-related changes, including several breaks for high earners.

Clocking in at 1,118 pages, the recently passed House budget bill certainly lives up to at least one part of its name. Dubbed the One Big Beautiful Bill Act, the legislation extends some tax ...

As the big, beautiful tax bill winds its way through Congress, Wisconsin construction companies are watching for tax ...