News

Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...
Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...
Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...
The House of Representatives just approved a tax bill that could raise the State and Local Tax (SALT) deduction cap for some ...
President Trump shifted his stance on the state and local tax (SALT) deduction cap, a policy he implemented during his first ...
Taxpayers in states like New York could save more under the new $40,000 SALT deduction cap. Here's how it would work.
The 'One Big Beautiful Bill Act' proposes a significant change to the SALT deduction, increasing the cap from $10,000 to ...
President Donald Trump’s “One Big Beautiful Bill Act,” which narrowly passed through the House of Representatives early ...
President Trump shifted his stance on the state and local tax (SALT) deduction cap, a policy he implemented during his first term in office. Despite signing the $10,000 SALT cap into law in 2017 ...
Rep. Mike Lawler backed legislation that would quadruple the SALT deduction on federal taxes from $10,000 to $40,000.
Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...
The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.