The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...

Although the deal is not done yet, House Speaker Mike Johnson and a group of GOP lawmakers mostly from the New York suburbs ...

The narrow win for the bill, which hikes the deduction for state and local taxes to $40,000, came after Speaker Mike Johnson ...

Taxpayers in states like New York could save more under the new $40,000 SALT deduction cap. Here's how it would work.

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

Republicans brokered a deal for the tax bill after division on raising the SALT deduction cap from $10,000. Democrats call ...

In an effort to save President Donald Trump's "big, beautiful bill," House Republicans have put a new "heightened ...

The state and local tax deduction is up for consideration again on Capitol Hill. What does it mean for you and your property taxes?

With President Donald Trump’s limit on state and local income tax (SALT) reductions expiring, New Yorkers could soon see an increased cap. Republicans this week reached a ...

reached a deal with Republican House members from blue states who pushed for an increase in the SALT deduction cap in President Donald Trump’s ‘big, beautiful bill’, allowing it to pass the ...

House Minority Leader Hakeem Jeffries (D-N.Y.) is roasting Republicans as they joust internally for a deal on the state and local tax (SALT) deduction cap ... minimize the impact of Trump ...