House Republicans are considering raising the SALT deduction cap to $30,000 as part of Trump's tax package. Speaker Mike Johnson acknowledges ongoing discussions while representatives from high-tax ...

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

The new law lifts what had been a $10,000 cap to $40,000 for tax year 2025 and then adjusts it upward by 1% a year for 2026, ...

A deduction to defray homeowners’ state income taxes and local property taxes is getting much more generous, following fierce ...

Senior Congress and Campaigns Reporter Riley Beggin breaks down the signature policy changes laid out in the recently passed GOP budget.

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 ...

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

President Trump is scheduled to sign the bill into law at 4 p.m. on July 4 at the White House, locking in tax reductions and ...

Congress has passed President Donald Trump's 'Big, Beautiful Bill,' a landmark piece of tax cuts and spending legislation containing many of the Republican's campaign promises.

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

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.

At the meeting held Monday, June 30, the Supreme Council of National Defense (CSAT), chaired by president Nicușor Dan, identified tax evasion as a major threat to the country's economic security.