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

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

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

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

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

If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...

The budget bill passed by Congress raises the SALT deduction cap from $10,000 to $40,000, affecting taxes in New York.SALT ...

Breaking that out more, 20% of taxpayers in California’s 40th Congressional District — represented by Kim, it covers eastern ...

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

A bit of late-surfacing fine print might yet throw negotiations over President Donald Trump’s Big Beautiful Bill into chaos, ...

or SALT. The $10,000 limit has affected California taxpayers more than almost any other state, and a small group of ...