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Senate Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who benefits
The $40,000 cap would begin in 2025, with the same $500,000 income phaseout, and both figures would rise by 1% annually from ...
Senate reverses course and makes SALT plentiful again in tax bill. Why this matters.
Senate make a 180-turn, raising the SALT cap and reviving a loophole that allow rich Americans in high-tax states save money, experts say.
How much can I deduct for my local taxes? Congress just decided
A popular tax break used in high-tax states like New Jersey would be capped under a deal reached over the weekend by ...
Senate passes Trump’s tax bill, here’s what you need to know
President Trump’s multi-trillion-dollar tax and spending bill, now heading to the House, includes sweeping tax cuts, deep ...
Trump’s ‘big, beautiful’ tax bill clears Senate after GOP rebellion forces Vance tiebreaker
The "One Big Beautiful Bill Act," which advances Trump’s second-term priorities on tax cuts, energy, and the border, now heads back to the GOP-led House.
"Big, beautiful bill" could soon give tipped workers a new tax break. Here's what to know.
GOP tax and spending bill would create a tax deduction for workers in tipped occupations. But not all would lower taxes for ...
Key blue state Republican says Senate's local tax write-off offer is a 'good deal'
New York Rep. Mike Lawler told Fox News Digital that he is pleased with the Senate's latest compromise on state and local tax ...
The Tax Adviser21h
What is a platform? The state and local tax answer
Applicability of sales and use taxes on digital products may in some cases hinge on the elusive definition of a computer ...