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

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

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

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

The House of Representatives just approved a tax bill that could raise the State and Local Tax (SALT) deduction cap for some ...

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 ...

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

When people file their federal taxes, they choose one of two deductions - either the standard, which is based on filing ...

While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...

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

The tax landscape for millions of Americans might be about to undergo a significant shift with proposed changes to the state and local tax (SALT) deduction cap. These modifications could deliver ...

Want some extra SALT with those budgetary fries? It will cost you, the Joint Committee on Taxation said in a report released ...