Final tax reform bill preserves SALT and PTET deductions for traders and professionals, avoiding SSTB carve-outs and ensuring ...

Congress passed a giant tax bill that includes the Senate's SALT changes that allow rich Americans in high-tax states to save ...

The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...

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

Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...

The SALT deduction, which is an alternative to the standard deduction provided to US taxpayers, has been extended from ...

President Donald Trump amped up pressure on Congress to speed passage of his tax-cut bill as Republicans reached a tentative ...

Business owners continue to get the biggest tax benefit.

Senate Republicans passed changes to the federal deduction for state and local taxes, known as SALT. Here's how the SALT ...

President Donald Trump’s “big beautiful bill” raises the SALT deduction cap to $40,000. Here’s who will benefit.

House Republicans passed the wide-ranging Trump tax legislation dubbed the One Big Beautiful Bill Act, overcoming resistance ...