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The SALT cap allows a maximum of $10,000 to be deducted from federal taxes. Republicans proposed a $30,000 cap, but Rep. Mike Lawler (R-NY) is proposing a larger cap.
Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...
Donald Trump’s tax bill brings major changes to individual and business taxes, extending 2017 cuts while introducing new ...
Prior to the Tax Cuts and Jobs Act (“TCJA”), there was no direct limitation on an individual taxpayer’s deduction of his or her state and local ...
N.Y., discusses the latest in negotiations regarding the 'big, beautiful bill,' why he is fighting to lift the SALT cap and former President Joe Biden's prostate cancer diagnosis.
Former Rep. Billy Long, President Donald Trump’s choice to lead the IRS, is scheduled to finally have a confirmation hearing before the Senate Finance Committee on Tuesday.
Republicans in the House of Representatives introduced the One, Big, Beautiful Bill of 2025 (the “House Bill”). The House Bill ...
A key House Republican who is pushing for a higher cap for state and local tax deductions sought to revive the idea of raising the top rate for high earners to help pay for President Donald Trump’s ...
Intense negotiations are underway among House Republicans in the leadup to a crucial vote Sunday evening as GOP leadership ...
House lawmakers are being summoned to Capitol Hill late Sunday night as Republicans’ self-imposed deadline to pass President ...
The House Budget Committee voted Sunday night to advance President Donald Trump’s legislative agenda, with the sweeping bill ...
The Five Stripes' winless skid continues, reaching eight games after a midweek draw with Austin and a 1-0 defeat to Philadelphia this weekend. Manager Ronny Deila benched big-money acquisition ...