The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some ...

The tax landscape for millions of Americans is about to undergo a significant shift with proposed changes to the state and ...

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...

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.

Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...

A new proposal could raise the SALT deduction cap from $10,000 to $30,000. Here’s how it may affect homeowners.

Taxpayers in states like New York could save more under the new $40,000 SALT deduction cap. Here's how it would work.

Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...

The State and Local Tax (SALT) deduction is a rule that helps people lower the amount of federal taxes they owe. It lets you deduct the state and local taxes you’ve already paid, like income tax, ...

The House of Representatives just approved a tax bill that could raise the State and Local Tax (SALT) deduction cap for some ...

House Speaker Mike Johnson reached a tentative deal with blue state GOP lawmakers on Tuesday to boost the cap on state and ...