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

The GOP-backed 'One Big Beautiful Bill Act' proposes a significant increase in the SALT deduction limit, aiming to appease ...

The 'One Big Beautiful Bill Act' aims to increase the SALT deduction cap from $10,000 to $40,000, promising relief for ...

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

Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...

The state and local tax deduction is up for consideration again on Capitol Hill. What does it mean for you and your property taxes?

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

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

House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.

President Donald Trump's "Big, Beautiful Bill" cements his economic agenda into law, reshaping tax policy and federal ...

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

Individuals earning up to $200,000 could claim $15,000 in SALT deductions under the proposal ... cap falls short of what many lawmakers in high-tax states have advocated. The imposition of ...