News

Higher SALT cap in latest version of President Donald Trump's big bill comes with limits on who benefits
Only those earning $500,000 or less could take advantage of the full $40,000 cap, under the bill the Senate passed.
SALT deduction will do 'nothing for 90% of US taxpayers,' economists say
The SALT deduction cap is proving to be a major sticking point between House and Senate Republicans. Experts say expanding ...
SALT, the Estate Tax, and More: How the Megabill Bill Could Affect You
The bill aims to extend the income-tax cuts from the 2017 tax law while widening the state and local tax deduction.
SALT cap raised to $40K will benefit CA homeowners, experts say
The Big Beautiful Bill includes a bonus for some Californians in the form of a SALT tax deduction that the Senate voted to ...
How Trump's spending and immigration bill will affect CT: Medicaid, SNAP, tax cuts and more
Trump and his allies have touted the bill for its tax cuts and immigration enforcement funding, while Democrats, including ...
NJ, NY lawmakers slam Senate tax bill and its strict SALT deduction cap
The Senate GOP’s sweeping tax bill would keep a popular property tax deduction limited to $10,000, drawing the ire of ...
Senate Republican tax bill passes ‘SALT’ deduction cap of $40,000. Here’s who benefits
Senate Republicans’ tax bill raises the "SALT" deduction cap to $40,000. Here's who could benefit from the change.
Trump Speeds Up Tax Bill Deadline as Tentative SALT Deal Reached
President Donald Trump amped up pressure on Congress to speed passage of his tax-cut bill as Republicans reached a tentative ...