News

Trump's tax bill could end popular 'SALT' deduction workaround for certain business owners
The House-approved tax bill could end the popular 'SALT' deduction workaround for certain pass-through businesses. Here's ...
Journal of Accountancy11h
53 CPA societies back AICPA in PTET SALT deduction effort
A letter from the AICPA and CPA societies in 53 states and jurisdictions criticizes the provision in the House version of the ...
Independent Journal Review4h
‘Will Not Accept It’: House Conservatives Draw Line In The Sand As Senate Reviews ‘Beautiful’ Bill
The conservative House Freedom Caucus (HFC) is drawing a line in the sand against hypothetical Senate changes to weaken or ...
Here are the changes to the SALT tax deduction in the 'big, beautiful bill'
Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...
Trump, GOP Senators Discussed Cutting SALT Break in Tax Bill
Donald Trump and Republican senators discussed ways to scale back the $40,000 state and local tax deduction cap in the House ...
Trump’s Tax Bill: How will taxpayers and businesses be impacted?
As the House Republicans pass President Donald Trump’s sweeping tax bill, businesses may face drastic changes if approved by the Senate. The House GOP’s ‘One Big Beautiful Bill Act ’ would raise the ...
KSL2d
Utah's solar industry pushes Senate to reinstate energy tax credits in budget bill
Utah's solar industry is urging the Senate to reinstate energy tax credits that were cut in the House version of Trump's ...