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'Big, beautiful' bill update: Senate passes key procedural vote
President Donald Trump’s “big, beautiful” budget bill of tax breaks and Medicaid cuts is one step closer to passage after it ...
Journal of Accountancy17h
Senate budget bill would preserve PTET SALT deduction
An AICPA statement after the bill was issued by the Senate Budget Committee lauded lawmakers for “diligent work to reject new ...
Senate restores key SALT cap workaround for service businesses in GOP tax bill
Notably, by changing the bill, the total Senate bill will cost $37 billion more than it would have, according to the Joint Committee on Taxation.
Trump’s tax and spending cuts bill clears key Senate vote as Republicans race to pass it by July 4
The vote tally was 51-49 to proceed with the debate. Senate passage could be days away, and the bill would need to return to ...
Senate advances massive bill for Trump's agenda after GOP leaders sway holdouts
Republicans are trying to steer the 940-page domestic policy legislation through the Senate as they near a self-imposed July 4 deadline for passage.
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Congress's New Proposals Limit SALT Tax Benefits
The U.S. Congress is embroiled in a heated debate over fiscal legislation proposals aimed at restricting exemptions to the ...
SALT Caucus, White House zero in on key agreement in Trump megabill
Moderate House Republicans from high-tax blue states and the Trump administration are zeroing in on an agreement for the ...
Bessent, Johnson Express Optimism About Quick SALT Compromise
Treasury Secretary Scott Bessent and House Speaker Mike Johnson are projecting optimism that they can soon unlock a ...