Final tax reform bill preserves SALT and PTET deductions for traders and professionals, avoiding SSTB carve-outs and ensuring ...

Congress passed a giant tax bill that includes the Senate's SALT changes that allow rich Americans in high-tax states to save ...

The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...

Senate make a 180-turn, raising the SALT cap and reviving a loophole that allow rich Americans in high-tax states save money, ...

Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...

Business owners continue to get the biggest tax benefit.

Senate Republicans passed changes to the federal deduction for state and local taxes, known as SALT. Here's how the SALT ...

President Donald Trump’s “big beautiful bill” raises the SALT deduction cap to $40,000. Here’s who will benefit.

The One Big Beautiful Bill (OBBB) cements many individual tax provisions from the 2017 Tax Cuts and Jobs Act (TCJA) including ...

The bill passed on almost strictly partisan lines, with two Republicans voting against the spending plan, but it still passed ...