The $40,000 cap would begin in 2025, with the same $500,000 income phaseout, and both figures would rise by 1% annually from ...

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

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

Senate make a 180-turn, raising the SALT cap and reviving a loophole that allow rich Americans in high-tax states save money, experts say.

President Donald Trump amped up pressure on Congress to speed passage of his tax-cut bill as Republicans reached a tentative ...

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

What made the cut—from SALT to no tax on tips—and what didn’t.

As the Republican-controlled Congress continues to inch toward passing the President Trump-led “One Big Beautiful Bill,” ...

Speaker of the House Mike Johnson (R-Louisiana) and his lieutenants still have work to do with the House to meet a July 4 ...

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

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

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