Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a change that top earners will likely benefit the most from.  Republicans in the ...

Congressional Republicans are moving quickly to pass a mammoth tax and spending cuts package that could have a direct impact on millions of Americans and drastic consequences for the economy.

As the big, beautiful tax bill winds its way through Congress, Wisconsin construction companies are watching for tax ...

Two potential New York gubernatorial challengers helped negotiate a federal provision to quadruple the contentious $10,000 cap on the amount taxpayers can deduct from their state and ...

The State and Local Tax (SALT) deduction has been a pivotal aspect of the U.S. tax system, especially impacting taxpayers in ...

Republican congressmen, including Long Island's Andrew Garbarino and Nick LaLota, led the fight to increase the state and ...

House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.

Some of the most contentious issues now awaiting votes in Congress would have particularly heavy impacts on California.

The debate over the federal deduction for state and local taxes (SALT) intensifies as proposals to raise the cap to $62,000 ...

It’s a non-starter with representatives in the House’s so-called “SALT Caucus,” who have campaigned ... called Republican support the proposal "unacceptable." Rep. Josh Gottheimer, also ...

A key tax deduction is tripling under a new proposal in Congress, but it’s not enough for some Republicans, threatening President Donald Trump’s legislative agenda. The House Ways and Means ...