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

Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...

If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...

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

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

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

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

Proposed changes to the SALT deduction cap could deliver significant tax relief to many Americans, especially higher earners ...

The tax provisions of the House Republican reconciliation bill double down on the failures of the 2017 tax law, which was ...

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

House GOP leadership has agreed to a series of last-minute changes to its sweeping tax and spending package designed to win ...

In today’s edition … How Medicaid cuts could directly affect more than just House races ... Democrats’ plans for Trump’s ...