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The state and local tax issue has been one of the most contentious for the House GOP to resolve.
May 8 -
Jason Smith said he will to strike a balance between those who want no limit on the state and local tax deduction and those who want no write-off at all.
May 7 -
Key House Republicans discussed ways to direct an expanded state and local tax deduction to those making less than $400,000.
May 1 -
Republican lawmakers pushing for the expansion of the state and local tax deduction are slated to meet with House Speaker Mike Johnson about the $10,000 cap.
April 30 -
U.S. tax professionals can learn from strategies in other countries like Brazil.
April 24
Carlos Contábil -
Former Treasury Secretary Lawrence Summers said the Trump administration's moves to downsize the IRS are likely to incentivize reduced tax-payment compliance.
April 23 -
Tax collections are confirming Wall Street forecasts that the U.S. government will not exhaust its borrowing capacity until later this year.
April 21 -
Congress will be drafting its multitrillion tax cut proposal in the coming weeks, almost certainly reflecting the priorities of a small minority of constituents.
April 17 -
Republicans in the White House, Senate and House are drafting analyses on how best to craft a new tax bracket for the wealthiest Americans.
April 15 -
In the final days of tax season, tax professionals have been grinding through their clients' tax returns while trying to reassure them.
April 11 -
The Internal Revenue Service is projected to lose more than $313 billion over a decade as undocumented workers are poised to pay fewer taxes.
April 11 -
Rep. Jeff Van Drew thinks House Republicans will end up approving a $30,000 cap on the state and local tax deduction.
April 11 -
Donor-advised funds are continuing to grow while enjoying substantial tax deductions -- even as many contributions go to other DAFs.
April 7 -
Business clients have additional tasks to tackle when branching out across the country.
April 7
CorpNet.com -
A sizable increase to the current $10,000 limit on SALT write-offs would represent a major victory for a crucial group of swing-district House Republicans.
April 2 -
An Internal Revenue Service division that helps authorize the release of tax transcripts used in lending through form 4506-C is tied to core functions.
April 2 -
Congressional Republicans returning to Washington on Monday will tackle their toughest test yet, negotiating a massive tax bill package.
March 24 -
The total lifetime tax amount in the highest-paying state is $755,493.
March 11 -
When staff use this SmartProof worksheet, they have a method to self-check and self-review their own work and fix any errors before it goes to the reviewer.
February 17
Withum -
President Donald Trump outlined his tax priorities in a meeting with Republican lawmakers, including expanding the state and local tax deduction.
February 7
















