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

The U.S. House of Representatives has passed a new tax and spending bill that significantly alters the state and local tax ...

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 ...

House Republicans early Thursday took a major step forward on President Donald Trump’s agenda, approving a legislative ...

Early Thursday morning, the House of Representatives passed the One Big Beautiful Bill Act by one vote. The bill had been ...

The framework of President Trump's "big, beautiful' tax bill is coming into focus. Here is a look at what it will likely ...

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

The Joint Committee on Taxation, Congress’s in-house tax scorekeeper, released the much-anticipated score for the tax portion of the reconciliation bill.

The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the ...

The real estate industry panicked when deductions for state and local taxes were slashed, but the new tax bill would bring ...

House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.