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Rep. George Santos' first bill in Congress aims to boost the deduction from $10,000 to $50,000.
March 1 -
Highlights from the former president's returns for 2015 to 2020, from write-offs to the SALT deduction and more.
December 30 -
The California Small Business Relief Act established the tax credit, largely in reaction to the $10,000 limit on the state and local tax deduction under the Tax Cuts and Jobs Act.
August 26
BPM LLP -
The Empire State is expanding a tax break that allows smaller companies to circumvent the $10,000 limit on state and local tax deductions.
August 19 -
House Democrats who had threatened to block President Biden's tax and climate plan unless it also expanded the deduction for state and local taxes are signaling they'll back the legislation.
August 9 -
Senator Joe Manchin and Majority Leader Chuck Schumer have struck a deal on a tax, energy and climate bill, breaking a deadlock on the Democrats’ long-sought legislation to enact major parts of President Joe Biden’s agenda.
July 28 -
The West Virginia senator opposes changes to the state and local tax deduction.
July 28 -
Lawmakers introduced two bills that would affect the Child Tax Credit, the Lifetime Learning Credit and marijuana taxes.
July 21 -
The state and local tax deduction issue threatens to spark a showdown among Democrats as high-stakes Senate talks inch closer to a deal on President Biden’s economic agenda.
July 14 -
Congress has returned from recess this week to a packed agenda and not much time before their scheduled summer recess.
July 13
Friedlich Law Group -
What to change; cash flow forecasting; the sales tax paradox; and other highlights from our favorite tax bloggers.
May 10
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The Supreme Court declined to review a New York-led constitutional challenge to the $10,000 cap on state and local tax deductions imposed by Congress in the 2017 tax law.
April 18 -
Two House Democrats have a new plan to provide a more generous state and local tax deduction.
February 24 -
Democrats are risking the ire of voters inflamed by this year’s tax-filing season, as the stalling of President Biden’s economic package leaves them without promised benefits.
February 9 -
The Golden State is poised to restore corporate tax breaks and extend its workaround for the federal cap on deductions for state and local taxes.
February 8 -
Several House Democrats promise to sink President Biden’s economic agenda if doesn't include an expansion of the federal deduction for state and local taxes.
January 20 -
Democrats risk losing their edge in key suburban districts amid a stalemate that threatens plans to expand a tax break for well-off homeowners.
January 10 -
Advocates say they'll continue pushing for the write-off, but it is not widely popular.
December 20 -
New forms’ questions; taxpayers behaving badly; why people leave; and other highlights from our favorite tax bloggers.
December 14
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Key negotiators continue to clash over the specific income limits for one of the unresolved issues in President Joe Biden’s economic agenda.
December 8















