In one of the most long-awaited details, the legislation increases the state and local tax (SALT) deduction cap from $10,000 to $15,000 for single filers and $30,000 for joint filers, figures that ...

In one of the most long-awaited details, the legislation increases the state and local tax (SALT) deduction cap from $10,000 to $30,000 for single and joint filers — which would phase down as ...

It seeks to extend the tax breaks approved during Trump’s first term — and boost the standard deduction, child tax credit and estate tax exemption — while adding new tax breaks on tipped ...

In one of the most long-awaited details, the legislation increases the state and local tax (SALT) deduction cap from $10,000 to $30,000, a figure that is lower than the proposal floated by key ...

In one of the most long-awaited details, the legislation increases the state and local tax (SALT) deduction cap from $10,000 to $30,000 for single and joint filers — which would phase down as income ...

House Minority Leader Hakeem Jeffries (D-N.Y.) is roasting Republicans as they joust internally for a deal on the state and local tax (SALT) deduction cap. Jeffries said if Republicans were ...

House Republicans in favor of increasing the deduction cap on state and local taxes (SALT) said they “still have some work to do” after the group huddled with Speaker Mike Johnson (R-La.) ...

Lawler, for example, introduced a bill in January that would increase the SALT deduction cap to $100,000 for single filers and $200,000 for married couples who file jointly.