The 'Megabill,' championed by President Trump, faces a critical test in Congress over the contentious SALT deduction. With ...

GOP bill will determine what you pay in taxes, health care and child care costs; cut funding for a new neighborhood to rise ...

The 2025 federal tax reform introduces significant changes to the State and Local Tax (SALT) deductions, particularly ...

Two weeks after President Donald Trump’s sweeping tax bill passed the House with razor-thin margins, the Senate has begun to ...

As the House Republicans pass President Donald Trump’s sweeping tax bill, businesses may face drastic changes if approved by the Senate. The House GOP’s ‘One Big Beautiful Bill Act ’ would raise the ...

The House of Representatives passed its version of the fiscal year (FY) 2025 budget reconciliation bill on May 22 by the narrow margin of 215 to 214, with one Member voting present. The bill, titled ...

Senate Republicans plan to lower the SALT cap, which limits how much earners can deduct for state and local taxes.

The debate over SALT was among the sticking points that delayed the bill’s passage through the House. As it enters the Senate ...

The passthrough entity tax/state and local tax deduction remains a priority for the AICPA. The budget bill now being considered by the Senate does not allow certain service-based businesses to deduct ...

As the Senate considers next steps for the House-passed “big, beautiful” tax bill, the battle lines have been drawn for a ...

The Big Beautiful Bill will have significant changes on taxes and financial planning. See how it may affect you.

Given this environment, local leaders must do what they can to preserve and strengthen progressive revenue tools, advocate ...