Breaking that out more, 20% of taxpayers in California’s 40th Congressional District — represented by Kim, it covers eastern ...

A U.S. House bill proposes raising the federal deduction cap for state and local taxes (SALT) to $40,000, potentially ...

Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...

While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...

The 'One Big Beautiful Bill Act' aims to increase the SALT deduction cap from $10,000 to $40,000, promising relief for ...

Some congressional lawmakers are trying to lift Trump-era caps on state and local tax deductions as part of the new ...

The version passed by the House increases that deduction limit to $40,000. The increase was a big point of contention for ...

Republican lawmakers in the House appeared to have reached a new agreement late Tuesday on the state and local tax deduction, ...

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers.

The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...

The bill retains the current tax rates while including NAR-supported provisions, including a qualified business income ...

Prior to the Tax Cuts and Jobs Act (“TCJA”), there was no direct limitation on an individual taxpayer’s deduction of his or ...