The Tax Policy Center (TPC) recently published analyses of several options to raise the $10,000 State and Local Tax (SALT) ...

President Donald Trump and Congress may toss a federal cap on how much people deduct for local and state taxes. If so, ...

This is the final tax year for a cap on the federal government's State and Local Tax (SALT) deduction, which reduces your IRS ...

Republican lawmakers are floating a range of ideas to pay for an extension of President Trump's Tax Cuts and Jobs Act.

House Republicans are in talks over raising the cap for state and local tax deductions after winning pledges from President ...

Senators Kirsten Gillibrand and Charles Schumer introduced legislation today to permanently remove the cap on the state and local tax (SALT) deduction.

The Trump tax cuts are set to expire later this year, and that poses a real challenge for policymakers, businesses and ...

House Republicans have outlined a list of tax options aimed at reforming the U.S. tax code. Here is what taxpayers should know.

The tax provision generating the most puns involves the capped deduction for state and local taxes, or SALT. This is ...

In Trump’s plan, income earners would also gain the tax-free benefit, a change that could destabilize the Social Security ...