The State and Local Tax (SALT) deduction has been a pivotal aspect of the U.S. tax system, especially impacting taxpayers in ...

Following the historic passage of the One Big Beautiful Bill Act by just one vote — 215 to 214 with two House Republicans voting no, U.S. Reps. Warren Davidson (R-Ohio) and Thomas Massie (R-Ky.) — the ...

The U.S. House of Representatives has approved a Republican-driven bill to increase the SALT deduction limit, a move that ...

Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...