A popular tax break used in high-tax states like New Jersey would be capped under a deal reached over the weekend by ...

Republicans have reached a tentative deal to raise the limit on the state and local tax deduction to $40,000 a year for a ...

The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.

New York Rep. Mike Lawler told Fox News Digital that he is pleased with the Senate's latest compromise on state and local tax ...

An AICPA statement after the bill was issued by the Senate Budget Committee lauded lawmakers for “diligent work to reject new ...

With US President Donald Trump pushing for passage of his sweeping tax and spending package by July 4, Republicans are ...

Moderate House Republicans from high-tax blue states and the Trump administration are zeroing in on an agreement for the ...

Notably, by changing the bill, the total Senate bill will cost $37 billion more than it would have, according to the Joint Committee on Taxation.

Which is why the true aim should be a SALT credit. Anything to localize spending and taxing as much as possible. There’s your ...

Speaker Mike Johnson (R-La.) and Treasury Department Secretary Scott Bessent said negotiations over the state and local tax ...

The U.S. House of Representatives passed its version of Trump's tax plan, which, if approved, would raise the SALT cap from ...

Boston fire union leadership was featured heavily in an official White House promotional video for President Donald Trump’s ...