The U.S. Congress is embroiled in a heated debate over fiscal legislation aimed at limiting exemptions to the SALT deduction ...

Senate Republicans have largely opposed increasing the cap, arguing that the deductions only favor wealthy homeowners in high ...

The ongoing legislative journey of President Donald Trump's 'One Big Beautiful Bill Act' faces a pivotal moment with the ...

Moderate House Republicans from high-tax blue states are seething at the Senate’s proposal to keep the state and local tax (SALT) deduction cap at $10,000, setting the stage for a showdown over ...

The impasse over the state and local tax (SALT) deduction cap is deepening as Senate Republicans and House moderates from high-tax blue states remain at a loggerheads, a stalled state-of-play that ...

U.S. lawmakers appear primed for a tax-bill showdown with the Senate’s proposed version of the “big, beautiful” act ...

Democratic critics predict Lawler and his allies will eventually cave and agree to whatever deal Trump and other Republican ...

CPA societies from 53 states and jurisdictions have backed the AICPA in the PTET SALT deduction effort. On Thursday, five ...

“In the Senate, at least, there isn't a high level of interest in doing anything on SALT,” Senate Majority Leader John Thune ...

Blue state Republican reps railed against rumored Senate plans to lower the state and local tax deduction (SALT) cap back ...

The House-passed version of the bill would extend Trump's 2017 income tax cuts and implement new temporary tax breaks for ...

The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.