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

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

A proposed $40,000 cap on the SALT deduction reignites debate over who benefits most, especially in high-tax states.

Early Thursday morning, the House of Representatives passed the One Big Beautiful Bill Act by one vote. The bill had been ...

The State and Local Tax (SALT) deduction is a rule that helps people lower the amount of federal taxes they owe. It lets you ...

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

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

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

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

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

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

Mr Trump prefers to govern by executive order, but the House bill addressed administration priorities that couldn’t be ...