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

Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...

In a pivotal move, the 'SALT caucus' secured a major victory in the House, influencing the 'One Big Beautiful Bill Act' by ...

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 ...

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

The Joint Committee on Taxation, Congress’s in-house tax scorekeeper, released the much-anticipated score for the tax portion of the reconciliation bill.

Speaker Mike Johnson (R-La.) and moderate Republicans have zeroed in on an agreement for the state and local tax (SALT) ...

House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.

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

The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.

The 'One Big Beautiful Bill Act' proposes a significant increase in the SALT deduction cap, aiming to aid taxpayers in ...