The 'One Big Beautiful Bill Act' proposes a significant change to the SALT deduction, increasing the cap from $10,000 to ...

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 ...

President Trump shifted his stance on the state and local tax (SALT) deduction cap, a policy he implemented during his first ...

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

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

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

House GOP leadership has agreed to a series of last-minute changes to its sweeping tax and spending package designed to win ...

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 ...

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

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

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