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

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 ...

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

Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the country ... out the deduction. The impact is even more dramatic ...

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

While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...

The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...

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

Some Republicans are once again targeting a cap on deductions for state and local taxes, aka SALT. The SALT deduction cap affects high-tax states like New York and California significantly.

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