Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...

Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...

New York City-area Republican members of Congress were able to include a huge increase in property tax deductions in the ...

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...

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

Republicans in the House of Representatives have reached a deal to raise the cap on the federal deduction for state and local ...

CBS News New York's Marcia Kramer has the details on the victory for homeowners in the Tri-State Area. Steve Bannon, a former ...

The bill proposes significant changes to student loan repayment options, Medicaid eligibility and the tax code.

The House Ways and Means Committee is eyeing a plan to increase the state and local tax (SALT) deduction cap by $30,000 for ...

U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...

Taxpayers in states like New York could save more under the new $40,000 SALT deduction cap. Here's how it would work.