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Only those earning $500,000 or less could take advantage of the full $40,000 cap, under the bill the Senate passed.
The SALT deduction cap is proving to be a major sticking point between House and Senate Republicans. Experts say expanding ...
The Big Beautiful Bill includes a bonus for some Californians in the form of a SALT tax deduction that the Senate voted to ...
The bill aims to extend the income-tax cuts from the 2017 tax law while widening the state and local tax deduction.
President Trump's plan on the SALT reduction will provide immediate assistance and relief to our members," the union ...
An AICPA statement after the bill was issued by the Senate Budget Committee lauded lawmakers for “diligent work to reject new ...
The Senate GOP’s sweeping tax bill would keep a popular property tax deduction limited to $10,000, drawing the ire of ...
Senate Republicans’ tax bill raises the "SALT" deduction cap to $40,000. Here's who could benefit from the change.
President Donald Trump amped up pressure on Congress to speed passage of his tax-cut bill as Republicans reached a tentative ...