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

One of the most controversial tax provisions in President Donald Trump’s “big, beautiful bill” could soon be retooled in the ...

President Donald Trump signed a proclamation on Wednesday banning travel from 12 countries, citing national security concerns ...

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

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

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 ...

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

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

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

Senate Majority Leader John Thune believes the deal that led the US House to increase the maximum deduction for state and ...

On May 22, the House of Representatives passed proposed tax legislation titled, “The One, Big, Beautiful Bill” (TOBBB), which will now be debated ...

Given this environment, local leaders must do what they can to preserve and strengthen progressive revenue tools, advocate ...