The SALT deduction allows taxpayers who itemize their federal returns to deduct certain taxes paid to state and local ...

A new tax overhaul offers larger child credits and standard deductions, but many upper-middle-class earners may end up with ...

Sen. Markwayne Mullin helped navigate SALT deduction caps and Byrd rule complexities as the de facto liaison between Senate ...

President Donald Trump ’s ‘big beautiful bill’ delivers a temporary higher limit on the federal deduction for state and local ...

The federal state and local sales tax (SALT) deduction cap is higher this year, and could translate into bigger savings for ...

President Donald Trump's newly passed "One Big Beautiful Bill" includes a major win for homeowners in high-tax states: a ...

What the deduction does is all in the name. It allows taxpayers to deduct what they owe in state and local taxes from their federal income taxes. The OBBBA raises the cap on how much taxpayers can ...

The One Big Beautiful Bill Act is temporarily quadrupling the state and local tax deduction to at least $40,000, up from ...

The Trump tax bill raises the SALT deduction cap to $40,000 by 2025—but the real winners are high earners in high-tax states. Here’s what it means for you.