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 ...

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do ...

Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...

Issues over tax relief for blue state Republicans are coming to a head as the GOP crafts President Trump's "big, beautiful ...

US House Speaker Mike Johnson (R-La.) is raising the proposed SALT (State and Local Tax) deduction cap to $40,000 in hopes of winning over moderates as lawmakers continue to deliberate over President ...

The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...

Republican lawmakers reached a deal today to raise the cap for the state and local tax deduction, known as the SALT deduction. Find out more.

It looks like a tentative deal has been brokered on Capitol Hill to provide a new SALT cap​, increasing the state and local tax deduction from $10,000 to $40,000.

Speaker Mike Johnson (R-La.) and moderate Republicans have zeroed in on an agreement for the state and local tax (SALT) ...

Raising the current $10,000 cap on the State and Local Tax (SALT) deduction would primarily benefit high earners ...

Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and ...