News

Republicans have reached a tentative deal to raise the limit on the state and local tax deduction to $40,000 a year for a ...
The House wants to raise the SALT deduction cap, which would help wealthy Californians pay less in federal taxes. The Senate ...
The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.
Lawmakers are hoping to push the president’s massive tax and immigration agenda through a high-wire procedural vote.
The bill aims to extend the income-tax cuts from the 2017 tax law while widening the state and local tax deduction.
Senate and Congressional versions of the “big, beautiful bill” that extends the 2017 Tax Cuts & Jobs Act (TCJA) diverge sharply on key provisions. The $10,000 SALT cap — limiting state and local tax ...
The Senate GOP’s sweeping tax bill would keep a popular property tax deduction limited to $10,000, drawing the ire of ...
President Trump on Friday urged Congress to move faster on his tax bill after negotiators reached a provisional agreement on ...
Before 2018, the tax break — including state and local income and property taxes — was unlimited for filers who itemized ...
Economist Martin Cantor reflects on four decades of efforts to preserve the SALT deduction and how its loss still threatens Long Island’s middle class.
As Senate Republicans release key details of President Donald Trump’s spending package, some provisions, including the federal deduction for state and local taxes, known as SALT, remain in limbo ...