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In a private meeting, Trump singled out the lawmakers from New York, New Jersey and California who have rejected the $30,000 deduction limit.
May 20 -
The American Institute of CPAs is asking accountants to call on congressional representatives to stop "unfair targeting" of pass-throughs like CPA firms.
May 19 -
Rep. Nicole Malliotakis said there's an "opportunity" to grow the $30,000 state and local tax deduction cap offered by House GOP leaders in negotiations.
May 15 -
Rep. Jason Smith said lawmakers from high-tax states should support the $30,000 limit his committee put on the state and local tax deduction.
May 15 -
The American Institute of CPAs is concerned about a provision in the tax reconciliation bill limiting deductibility of state and local taxes paid by firms.
May 14 -
Valuations this year; handling interviewees; AI and accounting ed.; and other highlights from our favorite tax bloggers.
May 13 -
Campaign pledges like no taxes on tips and overtime pay, plus new tax breaks for car buyers and seniors, are the centerpiece of a multitrillion-dollar package.
May 13 -
GOP leaders proposed a $30,000 cap on the federal income tax deduction for state and local taxes.
May 13 -
House Republicans' release of the tax provisions in their massive fiscal bill provides a crucial initial reading of what party leaders think could pass.
May 13 -
The House tax committee aims to make official several of President Trump's campaign tax pledges, and to avoid a millionaire tax.
May 12