News

The 'One Big Beautiful Bill Act' proposes significant changes to the SALT deduction, raising the limit from $10,000 to ...
Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...
Members in high-tax states are threatening to vote against the budget bill unless they see a hike in the SALT deduction.
As Republicans push for a comprehensive tax and spending bill, the spotlight is on the State and Local Tax (SALT) deduction.
Beyond increasing the SALT deduction cap, the bill includes several tax-related promises Trump ... but voiced some hesitation because of the political implications. The bill’s release comes ...
Futzing with the cap has serious implications on the total ... Importantly, even with the SALT cap, many wealthy households' tax bills are still smaller than they were in before the 2017 tax ...
As Congress deliberates these proposals, the potential impact on taxpayers, businesses, and the broader economy remains a ...
At 6:54 a.m. this morning – after several days of political wrangling and an all-nighter House voting session – House ...
The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.