The Tax Policy Center (TPC) recently published analyses of several options to raise the $10,000 State and Local Tax (SALT) ...

President Donald Trump and Congress may toss a federal cap on how much people deduct for local and state taxes. If so, ...

This is the final tax year for a cap on the federal government's State and Local Tax (SALT) deduction, which reduces your IRS ...

House Republicans are in talks over raising the cap for state and local tax deductions after winning pledges from President ...

Senators Kirsten Gillibrand and Charles Schumer introduced legislation today to permanently remove the cap on the state and local tax (SALT) deduction.

House Republicans have outlined a list of tax options aimed at reforming the U.S. tax code. Here is what taxpayers should know.

They include: While campaigning last year, Mr. Trump proposed scrapping the $10,000 cap on the SALT deduction, which he introduced in his 2017 tax bill. The issue has become increasingly unpopular ...

The tax provision generating the most puns involves the capped deduction for state and local taxes, or SALT. This is ...

Congress is finding votes before deciding what should be in a tax bill. That could backfire, Tax Foundation CEO Daniel Bunn ...

This is the final tax year for a cap on the federal government's State and Local Tax (SALT) deduction, which reduces your IRS income tax bill based on taxes you've already paid to state and local ...