House lawmakers on Thursday morning passed changes for the federal deduction for state and local taxes, known as SALT, as ...

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

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

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

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

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

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

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

The House just made a move that could shake up tax season for a lot of Americans-especially those in high-tax states. Lawmakers voted to raise the cap on the SALT deduction (short ...

The recent expansion of the SALT deduction highlights how fiscal policies can cater to specific interests, creating uneven ...

The state and local tax deduction – often abbreviated as SALT – was a political flashpoint in the passage of the 2017 Tax Cuts and Jobs Act and is shaping up to be so again in 2025.

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