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

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

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

On January 17, 2025, multiple news outlets and other sources reported the existence of a memorandum circulated by the U.S.

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

Blue-state Republicans have the numbers to shape policy in the House, and they are hunting for a tax deal.

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

Justin Fox is a Bloomberg Opinion columnist covering business, economics and other topics involving charts. A former ...

Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...

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

This is the final tax year for a cap on the federal government's State and Local Tax (SALT) deduction, which reduces your IRS income tax bill based on taxes you've already paid to state and local ...