The Republican-controlled House has passed a significant tax and spending bill, advancing President Trump's priorities. A key ...

Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...

House lawmakers on Thursday morning passed changes for the federal deduction for state and local taxes, known as SALT, as ...

If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...

Republican lawmakers reached a deal today to raise the cap for the state and local tax deduction, known as the SALT deduction ...

The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...

President Donald Trump’s “One Big Beautiful Bill Act,” which narrowly passed through the House of Representatives early ...

Republicans in the House of Representatives have reached a deal to raise the cap on the federal deduction for state and local ...

The House just made a move that could shake up tax season for a lot of Americans-especially those in high-tax states. Lawmakers voted to raise the cap on the SALT deduction (short ...

Several New York House Republicans are taking rapid credit for a $40,000 SALT cap passed in the budget bill early on Thursday ...

For instance, Rep. Josh Gottheimer (D-NJ) cast his lobbying effort as a “fight to ensure the full SALT deduction is returned in full … ” This is misleading, though. In fact, for most high ...

The state and local tax deduction – often abbreviated as SALT – was a political flashpoint in the passage of the 2017 Tax Cuts and Jobs Act and is shaping up to be so again in 2025.