The framework of President Trump's "big, beautiful' tax bill is coming into focus. Here is a look at what it will likely ...

House Republicans early Thursday took a major step forward on President Donald Trump’s agenda, approving a legislative ...

The House Ways and Means Committee on Monday released a fuller version of its part of Republicans’ bill full of President ...

One of the more contentious issues has been how to address the $10,000 SALT cap. Lawmakers from high tax states (including New York, New Jersey, and California) believed they had the upper hand in ...

As Congress deliberates these proposals, the potential impact on taxpayers, businesses, and the broader economy remains a ...

This has seemingly been forgotten in the ongoing debate about state and local taxes (SALT), and the deduction of those payments against federal taxes paid. It’s a reminder that when the Tax Cuts ...

The fate of President Donald Trump’s tax legislation may rest on whether the GOP can find common ground on tax breaks for high earners in predominantly Democratic states — and the issue also ...

Evidently, the RINOs feel the same way, so instead of presenting an ideal amount to increase the SALT deduction cap, the SALT caucus, like the Democrats, wants to hold the bill hostage as long ...

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