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

The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some ...

The largest labor union for firefighters and emergency service workers in North America is giving the tax provisions in the One Big Beautiful Bill Act its official stamp of approval.

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

No one is calling for a return of the country club dues tax deduction, but even conservatives say that’s more defensible than ...

A proposed $40,000 cap on the SALT deduction reignites debate over who benefits most, especially in high-tax states.

Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...

The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.

U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...

Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and local tax (SALT) deduction cap could be the tallest to surmount.

Republicans in the House of Representatives have reached a deal to raise the cap on the federal deduction for state and local ...

President Donald Trump is growing frustrated with demands to significantly boost the cap on the state and local tax deduction ...