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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 ...
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Senate budget bill would preserve PTET SALT deduction
An AICPA statement after the bill was issued by the Senate Budget Committee lauded lawmakers for “diligent work to reject new ...
Senate Republicans advance Trump’s tax and spending cuts bill after dramatic late-night vote
Senate Republicans cleared a key procedural step as they race to pass Trump’s big bill of tax breaks, spending cuts and ...
Senate restores key SALT cap workaround for service businesses in GOP tax bill
Notably, by changing the bill, the total Senate bill will cost $37 billion more than it would have, according to the Joint Committee on Taxation.
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Congress's New Proposals Limit SALT Tax Benefits
The U.S. Congress is embroiled in a heated debate over fiscal legislation proposals aimed at restricting exemptions to the ...
SALT Caucus, White House zero in on key agreement in Trump megabill
Moderate House Republicans from high-tax blue states and the Trump administration are zeroing in on an agreement for the ...
Bessent, Johnson Express Optimism About Quick SALT Compromise
Treasury Secretary Scott Bessent and House Speaker Mike Johnson are projecting optimism that they can soon unlock a ...
2025 SALT Cap Could Hurt Top 'Hidden Home Cost'
The U.S. House of Representatives passed its version of Trump's tax plan, which, if approved, would raise the SALT cap from ...