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Here's who could benefit from the proposed $40,000 SALT deduction cap
The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some ...
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SALT deduction cap increased to $40,000 in new deal reached by Republicans. What to know
Republican lawmakers reached a deal today to raise the cap for the state and local tax deduction, known as the SALT deduction ...
Republicans weigh a $40K cap on SALT deduction, which would help NJ homeowners
The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...
Next test for higher SALT cap: Republican resistance in the Senate
Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...
Republicans reach deal on SALT deduction cap: See how much it will rise
Republicans in the House of Representatives have reached a deal to raise the cap on the federal deduction for state and local ...