Republican lawmakers are floating a range of ideas to pay for an extension of President Trump's Tax Cuts and Jobs Act.

This is the final tax year for a cap on the federal government's State and Local Tax (SALT) deduction, which reduces your IRS ...

House Republicans are in talks over raising the cap for state and local tax deductions after winning pledges from President ...

The movement to roll back limits on how much state and local taxes Americans can deduct on their federal returns took a hit Wednesday when a vote to advance a SALT relief bill failed in the House ...

Senators Kirsten Gillibrand and Charles Schumer introduced legislation today to permanently remove the cap on the state and local tax (SALT) deduction.

Blue-state Republicans have the numbers to shape policy in the House, and they are hunting for a tax deal.

New Jersey Rep. Jeff Van Drew said “inflation” has so “ravaged” taxpayers since then that the SALT cap would have to “at ...

House Republicans have outlined a list of tax options aimed at reforming the U.S. tax code. Here is what taxpayers should know.

but what exactly is the SALT tax and what could be in store for 2025? With a notable deadline on the horizon this year, questions linger over the future of the cap, which was put in place during ...

The SALT tax deduction—short for “state and local taxes”—has been a part of the U.S. tax code for more than a century, but became a hot-button political issue in recent years following ...

Their plea concerns the state and local tax deduction, or SALT, which Mr. Trump’s 2017 tax reform capped at $10,000. This was a policy victory, since the old uncapped deduction was a federal ...