News

Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...
Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...
Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...
The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...
House Speaker Mike Johnson reached a tentative deal with blue state GOP lawmakers on Tuesday to boost the cap on state and ...
Republicans in the House of Representatives have reached a deal to raise the cap on the federal deduction for state and local ...
President Trump shifted his stance on the state and local tax (SALT) deduction cap, a policy he implemented during his first ...
House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.
Taxpayers in states like New York could save more under the new $40,000 SALT deduction cap. Here's how it would work.
Republican lawmakers reached a deal today to raise the cap for the state and local tax deduction, known as the SALT deduction ...
The 'One Big Beautiful Bill Act' proposes a significant change to the SALT deduction, increasing the cap from $10,000 to ...