Republican lawmakers in the House appeared to have reached a new agreement late Tuesday on the state and local tax deduction, ...

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

A U.S. House bill proposes raising the federal deduction cap for state and local taxes (SALT) to $40,000, potentially ...

U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...

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

Breaking that out more, 20% of taxpayers in California’s 40th Congressional District — represented by Kim, it covers eastern ...

Some congressional lawmakers are trying to lift Trump-era caps on state and local tax deductions as part of the new ...

The U.S. House of Representatives passed the “One Big Beautiful Bill Act” by a slim 215-214 vote on Thursday, igniting a sharp divide across New York regarding its impact on health ...

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

California Republicans were pleased that lower- and middle-income residents will be able to deduct more of their state and ...

SALT allows taxpayers to deduct state and local taxes, including property tax, from their federal tax bill if they itemize ...