The new GOP tax law quadruples how much people can deduct in state and local taxes off their federal returns, offering ...

After years of debate, the U.S. House of Representatives passed a bill that raises the cap on the state and local tax ...

State and local taxes were a major focal point of the reconciliation negotiations, exposing that Republicans' troubles didn't ...

In a statement on the path forward for SALT, House Democratic Leader Hakeem Jeffries of Brooklyn said, “Donald Trump and the Republican Party destroyed the state and local tax deduction in 2017.

The Republican tax reform, hailed as a 'grand and beautiful bill' by President Trump, introduces pivotal changes to the tax ...

President Trump is scheduled to sign the bill into law at 4 p.m. on July 4 at the White House, locking in tax reductions and ...

The House passed the "big, beautiful bill" after a grueling session and met President Donald Trump's deadline for July 4 ...

The Republican tax reform, hailed as a 'grand and beautiful bill' by President Trump, introduces pivotal changes to the tax ...

The endlessly debated cap on deductions for state and local taxes (SALT) has emerged in the GOP megabill largely ...

The budget-busting measure includes trillions in tax cuts for the wealthy and corporations along with harsh cuts to Medicaid and food stamps.

The Senate is starting a lengthy series of votes on amendments to their massive tax and spending bill Monday morning as ...