AICPA Applauds Senate Passage of Reconciliation Bill, Encourages House Support

NEW YORK, July 2 -- The Association of International Certified Professional Accountants issued the following news release:

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AICPA Applauds Senate Passage of Reconciliation Bill, Encourages House Support

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Washington, D.C. (July 1, 2025) -The U.S. Senate passed its reconciliation bill earlier this morning, which removes the limit on pass-through businesses' state and local tax (SALT) deductions entirely, generating optimism for those a . . .

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Contact: Veronica L. Vera 202-434-9215 Veronica.Vera@aicpa-cima.com