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Trump's tax bill could end popular ‘SALT' deduction workaround for certain business owners
The House-approved tax bill could end the popular ‘SALT’ deduction workaround for certain pass-through businesses. Here’s ...
House SALT Deal Will Have to Change, Senate Leader Thune Says
Senate Majority Leader John Thune believes the deal that led the US House to increase the maximum deduction for state and ...
Here are the changes to the SALT tax deduction in the 'big, beautiful bill'
Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...
Senators must hold down the SALT cap
As the Senate considers next steps for the House-passed “big, beautiful” tax bill, the battle lines have been drawn for a ...
House Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who would benefit.
If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...
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Tax Deductions Might Go Up. Would You Benefit?
House Republicans passed President Donald Trump’s “one big, beautiful bill” on May 22. This meaty budget reconciliation bill ...
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Senate Leader Thune Sees Changes for House SALT Deal
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 ...
What is SALT and why does it threaten Trump's 'Big Beautiful Bill?'
The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.
RCP's Wegmann Asks WH If Trump Will Support Senate Changing House GOP's SALT Deduction Agreement, No Answer
White House press secretary Karoline Leavitt declined to give an answer to RCP reporter Phil Wegmann's question about whether ...
SALT changes in House tax bill increase deficit by $130 billion
The Joint Committee on Taxation, Congress’s in-house tax scorekeeper, released the much-anticipated score for the tax portion of the reconciliation bill.