The State and Local Tax (SALT) deduction is a federal tax benefit that lets you deduct certain state and local taxes from your taxable income. It covers property taxes, state and local income taxes, ...
On Tuesday Washington’s Gov. Chris Gregoire, along with several other governors from across the country, sent a letter to lawmakers in Washington D.C. asking for an extension of the state and local ...
A federal appeals court in Manhattan on Thursday appeared skeptical of arguments by four Democratic-leaning U.S. states to overturn Republican President Donald Trump's decision to cap federal ...
The tax rule change mostly benefits homeowners in high-income, high-tax states around the country, especially those on the coasts.
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