The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some ...

As reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of ...

One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is ...

The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do just that has become a point of contention and a possible roadblock to House ...

The Joint Committee on Taxation, Congress’s in-house tax scorekeeper, released the much-anticipated score for the tax portion of the reconciliation bill.

Republicans in the House of Representatives have reached a deal to raise the cap on the federal deduction for state and local ...

Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and ...

On May 22, 2025, the U.S. House of Representatives passed the “One Big Beautiful Bill Act” (the “BBB”) as part of the Republican ...

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

Federal taxes would increase for many if Congress fails to renew tax cuts, but the legislation favors the rich.

President Donald Trump is growing frustrated with demands to significantly boost the cap on the state and local tax deduction ...