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16 lut 2024 · The movement to roll back limits on how much state and local taxes Americans can deduct on their federal returns took a hit Wednesday when a vote to advance a SALT relief bill failed in the House...
- Vote on SALT deduction in House could happen as soon as today
The House of Representatives could take up a procedural vote...
- Vote on SALT deduction in House could happen as soon as today
7 gru 2021 · Congressional Democrats are negotiating changes to the $10,000 cap on the federal deduction for state and local taxes, known as SALT. However, nearly 20 states now offer a workaround that allows...
14 lut 2024 · The House of Representatives could take up a procedural vote this afternoon to double the $10,000 cap on deductions for state and local taxes on federal income-tax returns, as a bipartisan ...
14 lut 2024 · While unsuccessful, the vote gave Republicans in swing congressional districts the chance to show they’re fighting to get tax relief for constituents now unable to fully deduct the amount of local and state taxes they pay.
6 lut 2024 · The $78 billion estimated cost — which also includes expanding the low-income housing tax credit (LIHTC), enhancing disaster relief, and providing double taxation relief on U.S.-Taiwan cross border investments — would largely be offset by retroactively setting the deadline for filing an employee retention credit (ERC) claim to January 31 ...
2 lut 2024 · The House may vote next week on the SALT Marriage Penalty Elimination Act, according to the Tax Policy Center. But the SALT deduction cap has created a topsy-turvy situation for some...
5 lut 2024 · The cap on the state and local tax deduction — known as SALT — would rise from $10,000 to $20,000 this year for married couples earning up to $500,000.
