Senate Republicans’ tax bill raises the ‘SALT’ deduction cap to $40,000. Here’s who could benefit from the change.

Senate make a 180-turn, raising the SALT cap and reviving a loophole that allow rich Americans in high-tax states save money, ...

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

Senate Republicans coalesced to pass President Donald Trump's colossal "big, beautiful bill" early Tuesday morning, which ...

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

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

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

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

The "One Big Beautiful Bill Act," which advances Trump’s second-term priorities on tax cuts, energy, and the border, now heads back to the GOP-led House.

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

The SALT cap has been perhaps the most vexing policy consideration for the Senate’s GOP tax writers. The current $10,000 SALT cap was imposed as part of President Donald Trump’s 2017 tax cuts. Now, ...

Retirees also have reason to pay attention. The Senate bill includes a larger senior tax deduction — $6,000 per eligible ...