News

What is the SALT cap, and how does it impact California taxpayers?
Breaking that out more, 20% of taxpayers in California’s 40th Congressional District — represented by Kim, it covers eastern ...
The Daily Reporter1d
Tax Reform and Construction: How the “Big Beautiful Bill” Could Impact the Industry
As the big, beautiful tax bill winds its way through Congress, Wisconsin construction companies are watching for tax ...
Los Angeles Daily News12d
What is the SALT cap, and how does it impact California taxpayers?
Rep. Young Kim rejects SALT cap proposal of $30,000, calling it a ‘slap in the face’ Trump seems open to increasing SALT cap, local GOP House member says after meeting OC Rep. Young Kim ...
These High Tax States Could Benefit the Most From Higher SALT Deduction
Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...
Committee for a Responsible Federal Budget7d
Further SALT Cap Relief Only Benefits High Earners
Raising the current $10,000 cap on the State and Local Tax (SALT) deduction would primarily benefit high earners ...
MiBolsilloColombia on MSN4d
SALT Deduction: What it was like before 2017 and now with Trump's proposal
The State and Local Tax (SALT) deduction has been a pivotal aspect of the U.S. tax system, especially impacting taxpayers in ...
Explícame on MSN10d
The SALT limit is proposed to be $62,000 for singles and $124,000 for couples
The debate over the federal deduction for state and local taxes (SALT) intensifies as proposals to raise the cap to $62,000 ...
Republican Tax Plan Boosts SALT Deduction, Ends Green-Energy Breaks
The proposal ends some taxes on tipped income and overtime pay and extends Trump’s expiring 2017 tax cuts.