The State and Local Tax (SALT) deduction has been a pivotal aspect of the U.S. tax system, especially impacting taxpayers in ...

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

One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is ...

Republicans in the House of Representatives have reached a deal to raise the cap on the federal deduction for state and local ...

In a phone call, Smith told the Washington Examiner that he expects only marginal changes from the Senate, which is now ...

White House press secretary Karoline Leavitt declined to give an answer to RCP reporter Phil Wegmann's question about whether ...

U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...

This week, the U.S. House of Representatives narrowly passed the "One Big Beautiful Bill Act," a sweeping Republican-led legislative package ...

"This is a 1,000-plus page bill at this point...details here are going to matter once they start negotiating between chambers," said Bloomberg's Loren Duggan.

And as of 1 a.m. today, they were having negotiations, and we actually expect ... is the passthrough entity tax — state and local income tax deduction. We call that the PTET or the PTET SALT deduction ...

The framework of President Trump's "big, beautiful' tax bill is coming into focus. Here is a look at what it will likely ...

The president meets with lawmakers on Capitol Hill, urging them to just get on board and vote for his ‘one big beautiful bill ...