Potential Tax Hikes Loom as Trump’s Cuts Approach Expiration
Congress faces a critical deadline as the 2017 tax cuts approach expiration at the end of 2025, potentially raising...
state and local tax deductions
Relief from SALT Tax Restrictions on the Horizon
The movement to roll back limits on state and local tax deductions suffered a setback when a vote to...
Efforts to Raise Cap on SALT Deductions Stall in Congress
In a disappointing turn of events, a procedural measure to advance the SALT Marriage Penalty Elimination Act was narrowly...
House Blocks Bid to Boost ‘SALT’ Tax Deduction
In a blow to residents of high-cost, high-tax states, a bid to temporarily double the $10,000 cap on state...
House to Vote on Doubling SALT Deduction Cap
The House of Representatives is set to vote on doubling the $10,000 cap on state and local tax deductions,...