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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 ...
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.
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 ...
Accounting Today1d
House Democrats propose expanded QBI deduction for small biz
Rep. Gwen Moore introduced legislation to expand the Section 199A Qualified Business Income deduction to provide more money ...
NBC 10 Philadelphia8d
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 ...