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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 on Wednesday revealed that an agreement has been reached with the SALT (state and local taxes) ...
House Speaker Mike Johnson appears set to unveil changes to President Trump’s "big beautiful bill" on Wednesday, including a more generous deduction for state and local taxes (SALT), as he pushes for ...
Members of the conservative House Freedom Caucus say they are working with the White House on a deal that would secure their ...
The state and local tax deduction – often abbreviated as SALT – was a political flashpoint in the passage of the 2017 Tax ...