House Speaker Mike Johnson offered GOP holdouts a detailed proposal on Monday to set the SALT deduction cap at $40,000 for ...

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...

The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...

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

The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...

Rep. Mike Lawler backed legislation that would quadruple the SALT deduction on federal taxes from $10,000 to $40,000.

In a phone call, Smith told the Washington Examiner that he expects only marginal changes from the Senate, which is now ...

The new version of the Trump tax bill would raise the state and local tax deduction cap to $40,000, in an effort win over a ...

Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers.

President Donald Trump is growing frustrated with demands to significantly boost the cap on the state and local tax deduction ...

House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.