Republican lawmakers in the House appeared to have reached a new agreement late Tuesday on the state and local tax deduction, ...

A U.S. House bill proposes raising the federal deduction cap for state and local taxes (SALT) to $40,000, potentially ...

The version passed by the House increases that deduction limit to $40,000. The increase was a big point of contention for ...

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

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

The bill retains the current tax rates while including NAR-supported provisions, including a qualified business income ...

The U.S. House of Representatives passed the “One Big Beautiful Bill Act” by a slim 215-214 vote on Thursday, igniting a ...

SALT allows taxpayers to deduct state and local taxes, including property tax, from their federal tax bill if they itemize ...

We have a call to action on the passthrough entity SALT deduction because it has a huge impact to our members and, of course, their clients, too. Then with regards to the IRS, that is something we’re ...

The 1,116-page bill the House passed early Thursday morning to enact President Trump’s ambitious legislative agenda faces a ...