Lawmakers eye paths to enhance SALT deduction
While many have called for the repeal of the cap on the state and local tax deduction, a group of lawmakers continue to debate ways to enhance the SALT deduction.
Tag: state and local tax deduction
Lawmakers call for SALT revival
Several lawmakers on Capitol Hill have introduced legislation calling for a revival of the SALT deduction.
Impact of tax reform on state taxes is unclear
In addition to limits on deductions, tax reform may have a major impact on states that tie their tax system to some elements of the federal tax system.