SALT-cap repeal unlikely to be added to COVID-19 relief bill

Hopes among millions of upper-income and middle-class taxpayers for a repeal of the Trump administration’s limits on their federal deductions will likely be on hold for now, as an effort to include the measure in the COVID-19 aid package is poised to fail.

Original Article Posted at : https://www.accountingtoday.com/articles/salt-cap-repeal-unlikely-to-be-added-to-covid-19-relief-bill