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Republican lawmakers in the House appeared to have reached a new agreement late Tuesday on the state and local tax deduction, ...
Breaking that out more, 20% of taxpayers in California’s 40th Congressional District — represented by Kim, it covers eastern ...
Some congressional lawmakers are trying to lift Trump-era caps on state and local tax deductions as part of the new ...
A U.S. House bill proposes raising the federal deduction cap for state and local taxes (SALT) to $40,000, potentially ...
Prior to 2017, there was no limit to SALT deductions, which generally benefit taxpayers in high-tax states — including California, New Jersey and New York — and wealthier people. But a 2017 ...
California Republicans were pleased that lower- and middle-income residents will be able to deduct more of their state and ...
The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.