News

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 ...
The emerging agreement would set the cap on the state and local tax deduction, or SALT, at $40,000. That is up from $10,000 ...
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.
House GOP leadership has agreed to a series of last-minute changes to its sweeping tax and spending package designed to win ...
Raising the current $10,000 cap on the State and Local Tax (SALT) deduction would primarily benefit high earners ...
Speaker Mike Johnson (R-La.) and moderate Republicans have zeroed in on an agreement for the state and local tax (SALT) ...
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.
Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and ...