House Republicans are calling for a higher limit on the deduction for state and local taxes, known as SALT, as part of President Donald Trump's tax and spending package. The House Ways and Means ...
As debates ramp up for President Donald Trump's policy agenda, changes to a key tax provision could benefit higher earners, experts say. Stream Connecticut News for free, 24/7, wherever you are.
A version of this article originally appeared on eidebailly.com. On July 4, 2024, President Trump signed into law major tax legislation that will materially affect both individuals and businesses.
The recent tax cuts enacted by Congress under the Trump administration, known as the "One Big Beautiful Bill Act," have reshaped the landscape of tax filings for many Americans. One of the most ...