The Tax Cuts and Jobs Act, signed into law by former President Donald Trump in December 2017, represented the most ...

The new GOP tax law quadruples how much people can deduct in state and local taxes off their federal returns, offering significant relief to high earners in many Democratic-led states by partially ...

The new tax law hiked the SALT deduction cap to $40,000. That’s good news for taxpayers in high tax states, but it’s a ...

Congress passed a giant tax bill that includes the Senate's SALT changes that allow rich Americans in high-tax states to save ...

State and local taxes were a major focal point of the reconciliation negotiations, exposing that Republicans' troubles didn't ...

As the Republican-controlled Congress continues to inch toward passing the President Trump-led “One Big Beautiful Bill,” ...

Senate tax bill stumbling blocks: Medicaid cuts, SALT and deficit explosion After weeks of negotiations, it's unclear whether Republican senators are any closer to finding the votes to approve the ...

Long Island Politics Long Island reps vow fight after Senate committee recommends sticking with $10G cap on SALT deduction ...

The fate of the sweeping GOP tax and spending bill hangs in the balance as senators continue to work on amendments and closed-door negotiations Tuesday morning following an all-night session.

Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in high-cost states.

Revised Medicaid cuts, clean-energy changes cause friction among Republicans as SALT tensions also linger.