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

By increasing the State and Local Taxes (SALT) deduction cap from $10,000 to $40,000, the bill seeks to provide taxpayers ...

Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers.

The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...

While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...

Prior to the Tax Cuts and Jobs Act (“TCJA”), there was no direct limitation on an individual taxpayer’s deduction of his or ...

If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...

The state and local tax deduction is up for consideration again on Capitol Hill. What does it mean for you and your property taxes?

House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.

Individuals earning up to $200,000 could claim $15,000 in SALT deductions under the proposal ... cap falls short of what many lawmakers in high-tax states have advocated. The imposition of ...

The version passed by the House increases that deduction limit to $40,000. The increase was a big point of contention for ...