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

The changes to the SALT cap agreed to in negotiations after the House Ways and Means Committee passed its tax bill would add ...

Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...

Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...

Want some extra SALT with those budgetary fries? It will cost you, the Joint Committee on Taxation said in a report released ...

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...

Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and ...

New York Republicans find themselves in the middle of the fight over the deductibility of state and local taxes in the ...

The House of Representatives just approved a tax bill that could raise the State and Local Tax (SALT) deduction cap for some ...

Taxpayers in states like New York could save more under the new $40,000 SALT deduction cap. Here's how it would work.

Proposed changes to the SALT deduction cap could deliver significant tax relief to many Americans, especially higher earners ...