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Republican senators consider $30K SALT cap in tax bill
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With Congress considering changes to the SALT cap, Goldman Sachs’ analysis found that high-income earners are continuing to ...
The high-tax states aren’t represented by Republicans in the Senate, and the bill is predicted to be extremely costly.
CPA societies from 53 states and jurisdictions have backed the AICPA in the PTET SALT deduction effort. On Thursday, five state CPA leaders explained more about why they want the deduction preserved.
The state and local tax deduction, SALT, permits taxpayers who itemize when filing end-of-year taxes to deduct certain taxes ...
House Speaker Mike Johnson said he’s pressuring Senate Republicans to refrain from changing a deal to increase the state and ...
NerdWallet on MSN13d
Tax 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 ...
The president's stance on the SALT cap would reward high-tax areas at the expense of Iowa and other states that lowered rates ...
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