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

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 ...

In the midst of negotiations for the 'One Big Beautiful Bill Act,' a group of Republicans known as the 'SALT caucus' emerged ...

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

House Republicans passed President Donald Trump’s “one big, beautiful bill” on May 22. This meaty budget reconciliation bill ...

The Republican-led U.S. House of Representatives passed a bill on Thursday that would allow a deduction of up to $40,000 on ...

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

The institute is asking lawmakers to change provisions on SALT deductions for pass-through entities, contingency fees for tax ...

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

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

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

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