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Trump now backs repeal of cap on ‘SALT’ deductions, says New York Republican. Taxpayers in these states could benefit.
Trump promised to repeal the limit on state and local tax deductions during his 2024 campaign. His administration‘s 2017 tax-code rewrite created the cap in the first place.MarketWatch - 11h -
Russell Vought at Senate hearing: 'We have to use taxpayer dollars wisely'
Russell Vought, President Trump's nominee to lead the Office of Management and Budget, discussed how he wants to tackle "government waste" and use taxpayer dollars "wisely" during his opening ...NBC News - 12h -
Taxpayer Advocate urges Congress to preserve IRS funding for service, technology
The National Taxpayer Advocate has urged Congress to preserve IRS funding for taxpayer service and technology amid Republican scrutiny.CNBC - Jan. 8