News

House GOP tax bill calls for ‘SALT' deduction cap of $30,000 for most taxpayers. Here's who could benefit
The proposed House GOP tax bill raises ‘SALT’ deduction cap to $30,000 for most taxpayers. Here’s who would benefit the most, ...
New York Republican Floats Higher Tax Rate to Pay for SALT
A key House Republican who is pushing for a higher cap for state and local tax deductions sought to revive the idea of ...
JD Supra2d
The One Big Beautiful Bill: SALT Deduction Workarounds Under Fire
House Republicans unveiled a comprehensive 389-page package of tax provisions, setting the stage for a significant tax bill ...
House Republicans unveil sweeping tax plan but have yet to resolve key fight over SALT
The current version of the proposal calls for the state and local tax deduction cap to be hiked to $30,000, which a group of ...
Trump’s big bill faces next hurdle in Congress as GOP conservatives warn they may vote against it
Failure to push the package out of the Budget Committee would be a setback for Speaker Mike Johnson, who insists Republicans ...
Trump’s ‘One Big Beautiful’ budget bill falls short in key vote
Right-wing fiscal hawks and moderates have both threatened to derail the president’s plan dubbed the ‘Big, Beautiful Bill.’ ...
Do you qualify for the tax breaks in the GOP’s big bill? Your income holds the answer.
The fine print on President Donald Trump’s “big, beautiful” tax and spending bill means “taxpayers have extra homework to do, ...
GOP-led House committees meet to tackle Medicaid cuts, taxes and SNAP benefits
Three key panels are addressing some of the thorniest issues poised to make or break the Republicans' massive bill for ...