The SALT cap fight intensifies as Senate maintains the $10,000 limit despite House approval of $40,000. Property owners in New York, California, and New Jersey are watching closely as negotiations ...

U.S. lawmakers appear primed for a tax-bill showdown with the Senate’s proposed version of the “big, beautiful” act ...

As the Senate considers next steps for the House-passed “big, beautiful” tax bill, the battle lines have been drawn for a showdown over the state and local tax (SALT) deduction.

The impasse over the state and local tax (SALT) deduction cap is deepening as Senate Republicans and House moderates from high-tax blue states remain at a loggerheads, a stalled state-of-play that ...

Goldman Sachs analysis finds higher SALT deduction caps unlikely to prevent high-income households from moving from high-tax ...

Adding a quadrupled SALT cap would add $377 billion more in scored 10-year deficit impact, more than exhausting the limited budget space and thus necessitating further spending cuts (beyond $1.5 ...

The SALT cap raises some thorny questions about double taxation ... The TCJA also rolled back the Alternative Minimum Tax, a lesser-known provision of the tax code that had a major impact on the ...

The Senate Finance Committee unveiled its portion of President Trump’s “big, beautiful bill” Monday, containing provisions on ...

The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.

“I have been clear since Day One: sufficiently lifting the SALT Cap to deliver tax fairness ... demanded that the megabill have less of an impact on the deficit. The megabill is projected ...

Senate Republicans have released their version of the tax legislation. It included some significant changes from the House ...