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

Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers.

The GOP-backed 'One Big Beautiful Bill Act' proposes a significant increase in the SALT deduction limit, aiming to appease ...

While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...

Prior to the Tax Cuts and Jobs Act (“TCJA”), there was no direct limitation on an individual taxpayer’s deduction of his or ...

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

The state and local tax deduction is up for consideration again on Capitol Hill. What does it mean for you and your property taxes?

Individuals earning up to $200,000 could claim $15,000 in SALT deductions under the proposal ... cap falls short of what many lawmakers in high-tax states have advocated. The imposition of ...

The version passed by the House increases that deduction limit to $40,000. The increase was a big point of contention for ...

Individuals earning up to $200,000 could claim $15,000 in SALT deductions under the proposal ... cap falls short of what many lawmakers in high-tax states have advocated. The imposition of ...

ALBANY — Congress is negotiating a budget that includes a slew of potential tax cuts, but the big question for Long Islanders is whether federal lawmakers can alleviate the cap on state and ...