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Tax Cuts and Jobs Act › Federal Budget › Tax Policy

Buckingham, Doolittle & Burroughs, LLC

The Big Beautiful SALT Deduction – How the increased SALT cap will impact business owners

Buckingham, Doolittle & Burroughs, LLC on

On July 4, 2025, President Donald Trump signed the reconciliation bill, known as the “Big Beautiful Bill” (“BBB”), which covered many of his campaign promises. This reconciliation, centering upon extensions to the Tax Cuts...more

Cadwalader, Wickersham & Taft LLP

The Senate Lowballs SALT Cap in Its Budget Bill

Cadwalader, Wickersham & Taft LLP on

On June 16, 2025, the U.S. Senate released its version of the budget reconciliation bill (“Senate bill”), making several changes to the House-passed version from May 22, 2025 (“House bill”). One major difference is the cap on...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Beltway Buzz - September 2024 #3

Ogletree, Deakins, Nash, Smoak & Stewart,... on

The Beltway Buzz is a weekly update summarizing labor and employment news from inside the Beltway and clarifying how what’s happening in Washington, D.C., could impact your business....more

K&L Gates LLP

FY2025 Budget Supports Biden Administration's Focus on Fairness in the Tax Code

K&L Gates LLP on

Overview - On Monday, 11 March 2024, the Biden administration released the president’s budget request (PBR) for fiscal year 2025 (FY2025), as well as the “Greenbook” containing explanations of the various revenue proposals in...more

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