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

Senate Republicans plan to lower the SALT cap, which limits how much earners can deduct for state and local taxes.

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

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 ...

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

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

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

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

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

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

The deal that led to an increase of the maximum deduction for state and local taxes to $40,000 in the US House will have to ...

This interaction is complicated, but the upshot is that combined with other policy changes in the Tax Cuts and Jobs Act, most taxpayers — even those in high-tax states — saw a tax cut. The tax bill, ...