News

Michigan Rep. Huizenga proposes auto loan tax deduction for US-made cars to offset tariffs
The west Michigan Republican introduced a bill to allow a tax deduction on American-assembled vehicles, a proposal Trump made ...
Trump's tax package could include ‘SALT' deduction relief. Here's who stands to benefit
President Donald Trump’s tax package could include changes to the SALT deduction limit. Here’s who could benefit.
The Bond Buyer2h
Raising the SALT cap is a matter of 'fairness' and 'vote math,' N.Y. congressman says
Muni advocates are watching the SALT cap negotiations closely, as its outcome may be influential on whether other potential ...
Michigan U.S. Rep. Huizenga, echoing Trump, moves to make auto loans tax deductible
The west Michigan Republican introduced a bill to allow a tax deduction on American-assembled vehicles, a proposal Trump made ...
NBC Chicago6d
Trump's tax package could include ‘SALT' deduction relief. Here's who stands to benefit
Generally, higher earners would benefit most from raising the SALT deduction limit, experts say. For example, one proposal, which would remove the "marriage penalty" in federal income taxes ...
Accounting Today2d
Senators introduce tax legislation on Pell Grants, overtime pay
A pair of Senate bills would coordinate Pell Grants with the American Opportunity Tax Credit, and provide a tax deduction for ...
GOP fight over state and local tax deduction slows Trump’s ‘big, beautiful bill’
A small band of GOP members representing districts in blue states wants to raise the limit on federal tax deductions for ...
Republicans Wrestle With Trump’s Demands for Tax Cuts
House Republicans are planning to include several of President Trump’s campaign promises in the first draft of the bill, ...