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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 ...
The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...
House Speaker Mike Johnson reached a tentative deal with blue state GOP lawmakers on Tuesday to boost the cap on state and ...
Republicans in the House of Representatives have reached a deal to raise the cap on the federal deduction for state and local ...
House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.
President Trump shifted his stance on the state and local tax (SALT) deduction cap, a policy he implemented during his first ...
Taxpayers in states like New York could save more under the new $40,000 SALT deduction cap. Here's how it would work.
Republican lawmakers reached a deal today to raise the cap for the state and local tax deduction, known as the SALT deduction ...
The 'One Big Beautiful Bill Act' proposes a significant change to the SALT deduction, increasing the cap from $10,000 to ...
The budget bill passed by Congress raises the SALT deduction cap from $10,000 to $40,000, affecting taxes in New York.SALT ...