News

As the Senate debates the “One, Big, Beautiful Bill,” Americans should brace for a larger federal budget deficit and national ...
Republicans in the Senate are reportedly plotting changes to the cap on state and local tax deductions included in the ...
The high-tax states aren’t represented by Republicans in the Senate, and the bill is predicted to be extremely costly.
President Donald Trump told Senate Republicans he is open to a state and local tax deduction cap lower than the $40,000 in ...
With Congress considering changes to the SALT cap, Goldman Sachs’ analysis found that high-income earners are continuing to ...
Goldman Sachs analysis finds higher SALT deduction caps unlikely to prevent high-income households from moving from high-tax states to low-tax states amid rising interstate migration.
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.
Johnson was able to secure the support of moderate Republicans by raising the SALT cap and a Senate-approved reduction may ...
Opinion: AICPA’s Melanie Lauridsen says the Republican tax package would harm service-based businesses by stripping them of ...
Republicans in the U.S. Senate are considering a $30K limit on state and local tax deductions in their version of President ...
The president's stance on the SALT cap would reward high-tax areas at the expense of Iowa and other states that lowered rates ...