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

The SALT deduction cap is proving to be a major sticking point between House and Senate Republicans. Experts say expanding ...

Retirees also have reason to pay attention. The Senate bill includes a larger senior tax deduction — $6,000 per eligible ...

The bill aims to extend the income-tax cuts from the 2017 tax law while widening the state and local tax deduction.

An AICPA statement after the bill was issued by the Senate Budget Committee lauded lawmakers for “diligent work to reject new ...

New York Rep. Mike Lawler told Fox News Digital that he is pleased with the Senate's latest compromise on state and local tax ...

Notably, by changing the bill, the total Senate bill will cost $37 billion more than it would have, according to the Joint Committee on Taxation.

Moderate House Republicans from high-tax blue states and the Trump administration are zeroing in on an agreement for the ...

Which is why the true aim should be a SALT credit. Anything to localize spending and taxing as much as possible. There’s your ...

President Trump on Friday urged Congress to move faster on his tax bill after negotiators reached a provisional agreement on ...