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Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...
A federal deduction that could help affluent filers in high-tax states is once again up for debate.
When it comes to the new federal budget, I don’t want a SALT deduction. I want a SALT exclusion. I want a dollar-for-dollar ...
Prior to the Tax Cuts and Jobs Act (“TCJA”), there was no direct limitation on an individual taxpayer’s deduction of his or her state and local ...
The State and Local Tax (SALT) deduction is a rule that helps people lower the amount of federal taxes they owe. It lets you ...
A key House Republican who is pushing for a higher cap for state and local tax deductions sought to revive the idea of ...
The fight has pitted the GOP's top tax writer against a determined bloc of House Republicans from high-tax states. It has ...
Rep. Nick LaLota says raising taxes on top earners would help Trump get the votes he needs to pass his massive tax and ...
Republicans on the House tax committee have proposed raising the state and local tax cap from $10,000, but nothing is set in ...
At the same time, their moderate counterparts desire greater tax relief for those states with higher state and local tax ...
The framework of President Trump's "big, beautiful' tax bill is coming into focus. Here is a look at what it will likely ...
Breaking that out more, 20% of taxpayers in California’s 40th Congressional District — represented by Kim, it covers eastern ...