Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...

In the midst of negotiations for the 'One Big Beautiful Bill Act,' a group of Republicans known as the 'SALT caucus' emerged ...

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...

President Donald Trump’s “One Big Beautiful Bill Act,” which narrowly passed through the House of Representatives early ...

Republican lawmakers reached a deal today to raise the cap for the state and local tax deduction, known as the SALT deduction ...

Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...

House Republicans passed President Donald Trump’s “one big, beautiful bill” on May 22. This meaty budget reconciliation bill ...

If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...

Republicans in the House of Representatives have reached a deal to raise the cap on the federal deduction for state and local ...

The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...

Taxpayers in states like New York could save more under the new $40,000 SALT deduction cap. Here's how it would work.

Several New York House Republicans are taking rapid credit for a $40,000 SALT cap passed in the budget bill early on Thursday ...