The debate over the federal deduction for state and local taxes (SALT) intensifies as proposals to raise the cap to $62,000 ...

Intense negotiations are underway among House Republicans in the leadup to a crucial vote Sunday evening as GOP leadership ...

House Republicans are working through disagreements over a number of issues this weekend to pass President Donald Trump's ...

WASHINGTON — Long Island House Republicans are doubling down on their demand that the massive budget bill backed by President ...

We have a problem with many of the benefits in Republican’s new tax bill conveniently expiring just as President Trump leaves ...

A federal deduction that could help affluent filers in high-tax states is once again up for debate.

Rep. Nick LaLota says raising taxes on top earners would help Trump get the votes he needs to pass his massive tax and ...

A SALT exclusion is different from a deduction. In a deduction, the money you spend on state and local taxes is deducted from your taxable income. So it will only partially reduce your federal tax ...

A key House Republican who is pushing for a higher cap for state and local tax deductions sought to revive the idea of ...

House Speaker Mike Johnson has been holding meetings with the various factions in an effort to reach an agreement.

Five Republicans joined all Democrats to reject the GOP's tax and spending package in a House Budget Committee vote.

After the reconciliation package failed in the Budget Committee, Johnson has a little over 48 hours to strike a handshake ...