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.

Which is why the true aim should be a SALT credit. Anything to localize spending and taxing as much as possible. There’s your ...

An AICPA statement after the bill was issued by the Senate Budget Committee lauded lawmakers for “diligent work to reject new ...

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 bill aims to extend the income-tax cuts from the 2017 tax law while widening the state and local tax deduction.

The Senate GOP’s sweeping tax bill would keep a popular property tax deduction limited to $10,000, drawing the ire of ...

Before 2018, the tax break — including state and local income and property taxes — was unlimited for filers who itemized ...

Congress is debating whether to increase the cap on state and local tax (SALT) deductions, which would generally decrease the ...

Senate Republicans unveiled a new version of their $4.2 trillion tax cut package that adjusts key provisions on the SALT ...