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

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

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

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

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

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 ...

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.

One of the most contentious issues in the “big, beautiful” tax bill is how much to raise the state and local tax deduction, ...

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

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

The budget bill passed by Congress raises the SALT deduction cap from $10,000 to $40,000, affecting taxes in New York.SALT ...