News

Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...
The GOP-backed 'One Big Beautiful Bill Act' proposes a significant increase in the SALT deduction limit, aiming to appease ...
The tax landscape for millions of Americans is about to undergo a significant shift with proposed changes to the state and ...
The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.
As "One Big Beautiful Bill Act" is expected to reduce taxes, experts argue whether it will cater to the value or growth ...
House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.
The House Rules Committee advanced President Trump's "One Big Beautiful Bill Act" in an 8-4 vote following a marathon 22-hour ...
The state and local tax deduction is up for consideration again on Capitol Hill. What does it mean for you and your property taxes?
Speaker Mike Johnson (R-La.) and moderate Republicans have zeroed in on an agreement for the state and local tax (SALT) ...
WASHINGTON — Republicans are getting SALT-y on Capitol Hill. House Speaker Mike Johnson (R-La.) said Thursday he is still tinkering with “the dials” on tens of thousands of dollars in ...
As Republicans move closer to passing their $4 trillion tax bill, one provision is proving to be an outsize obstacle: The state and local tax deduction known as SALT. The deduction allows those ...
One specific proposal would aim to restrict the use of workarounds that taxpayers have used to bypass the state and local tax (SALT) deduction limits established by the TCJA. A key provision ...