Thirty-nine percent of San Luis Obispo County taxpayers claimed the deduction in 2017 averaging $14,600. The percentage in 2022 was 17% and the average deduction was $8,700. Trouble ahead?

What’s happening in 2025 regarding SALT deductions? Right now, SALT deduction are capped at $10,000. That cap was put in place in 2017, and it’s set to end after 2025, unless Congress decides ...

While deeper Medicaid cuts and a larger SALT deduction may be a palatable trade to a few dozen hard-liners and a handful of blue-state members, it may leave a bitter taste for others — most ...

There were cheers when Republicans on the House Ways and Means Committee signed off on the GOP tax breaks bill after a round-the-clock session that pushed President Donald Trump’s package past ...

The current standard deduction, which was expanded under the 2017 tax bill, is set to expire on Dec. 31. The House GOP bill would make the Tax Cuts and Jobs Act's bigger deduction permanent, as ...

House Republicans have advanced part of Trump’s tax bill. But the ‘SALT’ deduction is still in limbo. Here’s what to know.

House Republicans propose tax reforms restricting SALT workaround deductions for partnerships, advancing key modifications to the Tax Cuts and Jobs Act of 2017 TCJA ...

Theft Loss Under IRC section 165. For many victims, having their funds stolen may only be the start of their troubles. If the money stolen from them was taxable income, or the theft triggered taxable ...

It’s a non-starter with representatives in the House’s so-called “SALT Caucus,” who have campaigned for years to repeal completely the $10,000 limit on the deduction for federal income taxes.

New bill would offer a tax deduction for overtime wages. The Overtime Wages Tax Relief Act was introduced by Sens. Roger Marshall (R-Kan.) and Tommy Tuberville (R-Ala.) last week. As mentioned ...

What is successful right-wing art? I posed that question to Jonathan Keeperman, who runs the far-right publisher Passage Press, on my podcast a couple of weeks ago, and you can tell that it’s a ...

Republican Tax Plan Boosts SALT Deduction, Ends Green-Energy Breaks. Proposal ends some taxes on tipped income and overtime pay and extends Trump’s expiring 2017 tax cuts. By .