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

The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.

If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...

U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...

The bill now faces a difficult test of making it through a Republican-controlled Senate with different preferences and ...

The bill is expected to undergo more changes when it goes to the Senate for final passage. FOX 5 NY's Morgan McKay has more.

Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and ...

House Republican leaders released a new version of President Donald Trump’s massive tax and spending bill with a higher limit ...

The agreement marks a big win for SALT cap crusaders like Rep. Mike Lawler (R-NY) and others who have demanded the SALT cap ...

The state and local tax deduction is up for consideration again on Capitol Hill. What does it mean for you and your property ...