All eyes will be on GOP Sens. Josh Hawley, Susan Collins, Rick Scott, Ron Johnson and others who are pushing for changes to ...

Congress faces pressure to refine tax policy by eliminating ineffective deductions and securing permanent tax cuts to help ...

Utah's solar industry is urging the Senate to reinstate energy tax credits that were cut in the House version of Trump's ...

Pass-through businesses would enjoy a higher qualified business income deduction under the bill, which just passed in the House.

Beyond increasing the SALT deduction cap, the bill includes several tax-related promises Trump ... but voiced some hesitation because of the political implications. The bill’s release comes ...

Futzing with the cap has serious implications on the total ... Importantly, even with the SALT cap, many wealthy households' tax bills are still smaller than they were in before the 2017 tax ...

Before 2017, SALT was uncapped and, like other provisions from the 2017 Tax Cuts and Jobs ... Futzing with the cap has serious implications on the total cost of the bill. Eliminating it completely ...

WASHINGTON – President Donald Trump is hoping to celebrate a major legislative win later this summer by signing into law a massive bill with implications ... tax deductions, also known as SALT ...

As Republicans push for a comprehensive tax and spending bill, the spotlight is on the State and Local Tax (SALT) deduction. The proposed increase in the SALT cap could benefit high-income taxpayers, ...