A key provision included in the law will raise the cap on the State and Local Tax (SALT) deduction to $40,000.

President Donald Trump’s “big beautiful bill” raises the SALT deduction cap to $40,000. Here’s who will benefit.

Congress passed a giant tax bill that includes the Senate's SALT changes that allow rich Americans in high-tax states to save ...

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

The proposed ‘One Big Beautiful Bill Act’ would raise the SALT deduction cap to $40,000, benefiting wealthier taxpayers in ...

Senate Republicans’ tax bill raises the ‘SALT’ deduction cap to $40,000. Here’s who could benefit from the change.

President Trump's tax bill proposes a temporary increase in the SALT deduction cap, sparking debate over its benefits. While ...

The endlessly debated cap on deductions for state and local taxes (SALT) has emerged in the GOP megabill largely ...

A popular tax break used in high-tax states like New Jersey would be capped under a deal reached over the weekend by ...

House Republicans are planning to triple the state and local tax (SALT) deduction cap to $30,000 in their plan to pass President Trump’s “big, beautiful” agenda bill, despite New York ...

The success of New York’s newest tax increases on the rich will hinge on whether the federal government repeals an unpopular cap on local deductions and whether the wealthy decide to flee the state.