News

Here are the changes to the SALT tax deduction in the 'big, beautiful bill'
Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...
Local officials celebrate increased SALT tax deduction in Trump’s ‘One Big Beautiful Bill’
President Donald Trump’s “One Big Beautiful Bill Act,” which narrowly passed through the House of Representatives early ...
Lawmakers Near SALT Cap Deal That Could Offer Major Relief to Homeowners in High-Tax States
Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...
Republicans Have a SALT Tax Deal. Who Will Benefit?
For as long as Americans have paid federal income taxes, they’ve been able to subtract some of what they pay to their state ...
What is the SALT deduction, and what's happening with this tax break?
The State and Local Tax (SALT) deduction is a rule that helps people lower the amount of federal taxes they owe. It lets you deduct the state and local taxes you’ve already paid, like income tax, ...
These High Tax States Could Benefit the Most From Higher SALT Deduction
Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...
Trump, GOP tweak SALT cap. Here’s what to know about the controversial tax break.
One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is ...
Examining Tax Policy: Senate focuses on need for fiscal responsibility in ‘big, beautiful bill’
Sen. Todd Young (R-IN) joined the Washington Examiner for an exclusive interview to discuss the expiration of the Trump Tax Cuts and Jobs Act and SALT provisions.