SALT deduction

Saying 'yes' too much; M&A mania; partners' income spread; and other highlights from our favorite tax bloggers.

The former president pledged to lift a cap on the state and local tax deduction valuable to many New York homeowners that he imposed as president.

Donald Trump said that he would revive the state and local tax deduction, a popular tax break for New Yorkers that the former president limited during his time in the White House.

Tax targets; getting creative; one SALT workaround; and other highlights from our favorite tax bloggers.

The SALT cap is one of several tax issues to be confronted next year, with key portions of Trump's 2017 tax cuts expiring at the end of 2025.

Economists advising Donald Trump are pushing to keep a cap on the state and local tax deduction, limiting a valuable tax break for many residents of New York, New Jersey and California.

SALT benefits; taxing blockchain tech; how to onboard; and other highlights from our favorite tax bloggers.

The Washington National Tax Office of Grant Thornton points out the most important state and local tax developments to keep an eye out for.

Lawmakers are trying to drum up support to allow a debate on raising the state and local tax deduction cap as bipartisan tax package negotiations leave out those proposals.

The former governor said he would keep the cap if elected president, declining to roll back a policy that has become a flashpoint for taxpayers in his own state of New Jersey.

Once primarily an issue for Democrats, GOP gains in New York have made the deduction an issue for them, too.

Rep. George Santos' first bill in Congress aims to boost the deduction from $10,000 to $50,000.

Highlights from the former president's returns for 2015 to 2020, from write-offs to the SALT deduction and more.

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.

The Empire State is expanding a tax break that allows smaller companies to circumvent the $10,000 limit on state and local tax deductions.

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.

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.

The West Virginia senator opposes changes to the state and local tax deduction.

Lawmakers introduced two bills that would affect the Child Tax Credit, the Lifetime Learning Credit and marijuana taxes.

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.