The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...

Although the deal is not done yet, House Speaker Mike Johnson and a group of GOP lawmakers mostly from the New York suburbs ...

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

The narrow win for the bill, which hikes the deduction for state and local taxes to $40,000, came after Speaker Mike Johnson ...

Republicans brokered a deal for the tax bill after division on raising the SALT deduction cap from $10,000. Democrats call ...

In an effort to save President Donald Trump's "big, beautiful bill," House Republicans have put a new "heightened ...

With President Donald Trump’s limit on state and local income tax (SALT) reductions expiring, New Yorkers could soon see an increased cap. Republicans this week reached a ...

Republicans and House Speaker Mike Johnson have come to an agreement to boost the state and local tax deduction to $40K, ...

reached a deal with Republican House members from blue states who pushed for an increase in the SALT deduction cap in President Donald Trump’s ‘big, beautiful bill’, allowing it to pass the ...