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

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phases out ...

The higher SALT cap would mean millions of mostly high-income taxpayers in high-tax states would save thousands of dollars ...

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

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

Rep. Mike Lawler backed legislation that would quadruple the SALT deduction on federal taxes from $10,000 to $40,000.

The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.

The House bill includes SALT cap increases, changes to Medicaid and SNAP and new rules to claim child tax credits.

Republican congressmen, including Long Island's Andrew Garbarino and Nick LaLota, led the fight to increase the state and ...

Taxpayers in states like New York could save more under the new $40,000 SALT deduction cap. Here's how it would work.

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

New York City-area Republican members of Congress were able to include a huge increase in property tax deductions in the ...