The 'One Big Beautiful Bill Act' aims to increase the SALT deduction cap from $10,000 to $40,000, promising relief for ...

The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...

The GOP-backed 'One Big Beautiful Bill Act' proposes a significant increase in the SALT deduction limit, aiming to appease ...

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

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers.

Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...

Breaking that out more, 20% of taxpayers in California’s 40th Congressional District — represented by Kim, it covers eastern ...

Prior to the Tax Cuts and Jobs Act (“TCJA”), there was no direct limitation on an individual taxpayer’s deduction of his or ...

Some congressional lawmakers are trying to lift Trump-era caps on state and local tax deductions as part of the new ...

As the big, beautiful tax bill winds its way through Congress, Wisconsin construction companies are watching for tax ...

The version passed by the House increases that deduction limit to $40,000. The increase was a big point of contention for ...

Capping the SALT deduction at $30,000 and phasing it out for higher incomes would cost $916 billion. Lawmakers in the ultra-conservative House Freedom Caucus are already alarmed at the impact of ...