News

Final Tax Reform Bill Preserves SALT And PTET Deductions For Traders And Professionals
Final tax reform bill preserves SALT and PTET deductions for traders and professionals, avoiding SSTB carve-outs and ensuring ...
Latest version of Trump’s ‘big, beautiful bill’ raises SALT deduction cap to $40,000: What it means for you
Senate Republicans passed changes to the federal deduction for state and local taxes, known as SALT. Here's how the SALT ...
National Law Review9h
One Big Beautiful Bill Locks in Tax Cuts, Tweaks SALT and Adds New Deductions
The One Big Beautiful Bill (OBBB) cements many individual tax provisions from the 2017 Tax Cuts and Jobs Act (TCJA) including ...
Trump's 'big, beautiful bill' would have wide ranging effects for Americans, from SALT to overtime
The megabill that awaits final passage in the U.S. House will have far-reaching impacts on the wallets of Long Islanders and ...
USA Today3d
Senate flips, decides to give rich Americans more SALT in tax bill - USA TODAY
Senate make a 180-turn, raising the SALT cap and reviving a loophole that allow rich Americans in high-tax states save money, experts say.
SALT caucus likely to keep gains despite leaving sour taste in Freedom Caucus mouths
The current $40,000 SALT cap that was brokered appears likely to stay as any changes would undoubtedly cost votes from the ...
SALT deduction will do 'nothing for 90% of US taxpayers,' economists say
The SALT deduction cap is proving to be a major sticking point between House and Senate Republicans. Experts say expanding ...
Leaders of Boston firefighters union back Trump’s ‘big beautiful bill’ in video posted by the White House
President Trump's plan on the SALT reduction will provide immediate assistance and relief to our members," the union ...