The state and local tax (SALT) deduction lets taxpayers write off certain state and local taxes from their federal taxable income. Under the One Big Beautiful Bill Act, signed into law by President ...

The Second Circuit rejected arguments by several States who challenged updated regulations that would prohibit many of SALT ...

While this deduction primarily impacts homeowners and high-income taxpayers in states with higher taxes, changes to the SALT cap can also have ripple effects on inheritance planning. If you’re set to ...

A Senate housing measure drew unanimous, bipartisan support in committee, suggesting eventual federal action to address the ...

The 'One Big Beautiful Bill Act' (OBBB), signed by President Trump on July 4, 2025, introduces significant tax changes, including a temporary increase in the SALT deduction limit. However, this change ...

Range reports that Trump's "Big Beautiful Bill" offers significant tax changes for high earners, including increased estate tax exemptions and expanded SALT deductions.

House Republicans Enhance SALT Deduction for Taxpayers** In a significant win for taxpayers, the House of Representatives has passed an amendment to the federal deduction for state and local taxes ...

DataPulse Research and BuchhaltungsButler report a significant disparity in state income taxes for middle-class earners, driving a trend towards flat tax systems.

The gaming industry’s push to reverse a provision in President Donald Trump’s tax law requiring gamblers to pay taxes on some of their losses is gaining bipartisan momentum in Congress.

TORONTO (AP) — Canada will recognize a Palestinian state in September, Prime Minister Mark Carney announced on Wednesday, the latest in a series of symbolic announcements that are part of a broader ...

TORONTO (AP) — Canada will recognize a Palestinian state in September, Prime Minister Mark Carney announced on Wednesday, the latest in a series of symbolic announcements that are part of a ...

TORONTO — Canada will recognize a Palestinian state in September, Prime Minister Mark Carney announced on Wednesday, the latest in a series of symbolic announcements that are part of a broader global ...