In a battle of New Yorker vs. New Yorker, Senate Democratic Leader Chuck Schumer (N.Y.), a resident of Brooklyn, accused ...

The bill proposes significant changes to student loan repayment options, Medicaid eligibility and the tax code.

Republican lawmakers in the House appeared to have reached a new agreement late Tuesday on the state and local tax deduction, ...

A U.S. House bill proposes raising the federal deduction cap for state and local taxes (SALT) to $40,000, potentially ...

A newly passed federal budget bill could cut billions from SNAP and Medicaid in New York while raising the SALT deduction cap ...

The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.

Rep. Mike Lawler said the lower cap on the federal deduction for state and local tax payments, also known as SALT, has had a “negative impact” on New York. “There were key provisions that ...

Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...

SALT allows taxpayers to deduct state and local taxes, including property tax, from their federal tax bill if they itemize ...

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do just that has become a point of contention and a possible roadblock to House ...

The U.S. House of Representatives passed the “One Big Beautiful Bill Act” by a slim 215-214 vote on Thursday, igniting a ...