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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 ...
As the Senate considers next steps for the House-passed “big, beautiful” tax bill, the battle lines have been drawn for a ...
The 'One Big Beautiful Bill Act' aims to increase the SALT deduction cap from $10,000 to $40,000, promising relief for ...
No one is calling for a return of the country club dues tax deduction, but even conservatives say that’s more defensible than ...
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NerdWallet on MSNTax Deductions Might Go Up. Would You Benefit?House Republicans passed President Donald Trump’s “one big, beautiful bill” on May 22. This meaty budget reconciliation bill ...
SALT allows taxpayers to deduct state and local taxes, including property tax, from their federal tax bill if they itemize ...
The House just made a move that could shake up tax season for a lot of Americans-especially those in high-tax states. Lawmakers voted to raise the cap on the SALT deduction (short ...
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Explícame on MSNProposed House legislation aims to end SALT workaround, hitting professional deductionsThe House passed the 'One Big Beautiful Bill Act' to end the SALT workaround, make Trump’s 2017 tax cuts permanent, and ...
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