House Republicans could land on a compromise on the state and local tax deduction on Wednesday, a deal that would represent a ...

A key tax deduction is tripling under a new proposal in Congress, but it’s not enough for some Republicans, threatening ...

Raising the current $10,000 cap on the State and Local Tax (SALT) deduction would primarily benefit high earners ...

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do just that has become a point of contention and a possible roadblock to House ...

WASHINGTON — President Donald Trump distanced himself from his full-throated campaign pledge of "restoring the SALT deduction ...

Republicans on the House tax committee have proposed raising the state and local tax cap from $10,000, but nothing is set in ...

Republicans brokered a deal for the tax bill after division on raising the SALT deduction cap from $10,000. Democrats call ...

Prior to the Tax Cuts and Jobs Act (“TCJA”), there was no direct limitation on an individual taxpayer’s deduction of his or ...

The standoff over SALT is one of the remaining sticking points as Republicans seek to advance Trump’s tax cut bill through the House in the coming weeks. The legislation would renew the president’s ...