Senate lawmakers have changed language in the One Big Beautiful Bill Act that would have caused a tax hike for lawyers, accountants, dentists, and other service providers.

The new cap was included in the massive spending bill that’s expected to receive final approval in the U.S. House after passing the Senate Tuesday.

Senate Republicans’ tax bill raises the “SALT” deduction cap to $40,000. Here’s who could benefit from the change.

Bill Simmons lauded the Miami Heat's strategic moves as of late, particularly the acquisition a hidden gem in Simone Fontecchio.

The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually from 2026 through 2033.

After missing out on Kasparus Jakucionis and ultimately allowing him to fall to the Miami, Bill Simmons slammed the Brooklyn Nets for their draft strategy and lauded the Heat for their pick.

The state and local tax deduction, which primarily benefits wealthier Americans in high-tax areas, was one of the most disputed provisions of Trump’s tax-and-spend bill.