The 'One Big Beautiful Bill Act' proposes a significant increase in the SALT deduction cap, aiming to aid taxpayers in ...

SALT currently lets people deduct $10,000 from their taxes if they itemize when they file. The version passed by the House ...

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

Some congressional lawmakers are trying to lift Trump-era caps on state and local tax deductions as part of the new ...

Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...

The proposed House GOP tax bill raises ‘SALT’ deduction cap to $30,000 for most taxpayers. Here’s who would benefit the most, ...

Breaking that out more, 20% of taxpayers in California’s 40th Congressional District — represented by Kim, it covers eastern ...

We have a call to action on the passthrough entity SALT deduction because it has a huge impact to our members and, of course, their clients, too. Then with regards to the IRS, that is something we’re ...

Prior to the Tax Cuts and Jobs Act (“TCJA”), there was no direct limitation on an individual taxpayer’s deduction of his or ...

The SALT deduction cap was introduced by Mr. Trump ... a University of Pennsylvania nonpartisan group that analyzes the fiscal impact of policy. That adds to the cost of a bill that has been ...

A newly passed federal budget bill could cut billions from SNAP and Medicaid in New York while raising the SALT deduction cap ...

The U.S. House of Representatives passed the “One Big Beautiful Bill Act” by a slim 215-214 vote on Thursday, igniting a ...