News

A proposed $40,000 cap on the SALT deduction reignites debate over who benefits most, especially in high-tax states.
A new proposal could raise the SALT deduction cap from $10,000 to $30,000. Here’s how it may affect homeowners.
The budget bill passed by Congress raises the SALT deduction cap from $10,000 to $40,000, affecting taxes in New York.SALT ...
The House of Representatives passed the “one big, beautiful bill” Thursday morning, but not before the House Rules committee ...
Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and ...
The House passed the 'One Big Beautiful Bill,' a sweeping tax overhaul that could reshape deductions and social programs. As ...
The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.
The state and local tax deduction is up for consideration again on Capitol Hill. What does it mean for you and your property taxes?
One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is ...
One big reason was a tax provision known as SALT, the state and local tax deduction. I asked Today, Explained’s Devan Schwartz — who just produced an episode about this bill — to explain ...
House Republicans passed a tax plan cutting over $700B from Medicaid, affecting nearly 14M Americans. What happens now?
Tucked away in Trump’s 1,100-page “big, beautiful bill” for federal tax cuts is a one-sentence proposal to curtail workarounds to the SALT cap that took the form of pass-through ...