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.

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

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 ...

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 ...

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.

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

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