News

SALT changes in House tax bill increase deficit by $130 billion
The changes to the SALT cap agreed to in negotiations after the House Ways and Means Committee passed its tax bill would add ...
House Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who benefits
House lawmakers on Thursday morning passed changes for the federal deduction for state and local taxes, known as SALT, as ...
Local officials celebrate increased SALT tax deduction in Trump’s ‘One Big Beautiful Bill’
President Donald Trump’s “One Big Beautiful Bill Act,” which narrowly passed through the House of Representatives early ...
Lawmakers Near SALT Cap Deal That Could Offer Major Relief to Homeowners in High-Tax States
Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...
5 things to know about SALT, the tax break holding up Trump’s ‘big, beautiful bill’
Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and ...
Don’t spend your SALT refund just yet. Here’s how the Trump tax bill can change.
The bill now faces a difficult test of making it through a Republican-controlled Senate with different preferences and ...
What is the SALT deduction, and what's happening with this tax break?
The State and Local Tax (SALT) deduction is a rule that helps people lower the amount of federal taxes they owe. It lets you ...
These High Tax States Could Benefit the Most From Higher SALT Deduction
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 White House's tax bill will consider SALT (again). What could that mean for you?
The state and local tax deduction is up for consideration again on Capitol Hill. What does it mean for you and your property taxes?
Trump, GOP tweak SALT cap. Here’s what to know about the controversial tax break.
One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is ...
Trump Tax Bill Holdouts Lured With SALT Hike, Medicaid Cuts
House Republican leaders released a new version of President Donald Trump’s massive tax and spending bill with a higher limit ...
The Washington Post6d
What Republicans’ new tax bill would mean for state and local tax deductions
As the Republican Party’s signature economic bill heads to the Senate after being passed by the House, one of the key sticking points is a cap on state and local tax deductions that hits ...