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

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

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 ...

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

As the big, beautiful tax bill winds its way through Congress, Wisconsin construction companies are watching for tax ...

When people file their federal taxes, they choose one of two deductions - either the standard, which is based on filing status and is a set amount around $30,000 for a married couple or by itemizing ...

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

Michael Dowling, CEO of Northwell Health, stands with Reps. Tom Suozzi (D-Glen Cove) and Laura Gillen (D-Rockville Centre) as ...

The 'One Big Beautiful Bill Act' proposes a significant increase in the SALT deduction cap, aiming to aid taxpayers in ...

That said, for the majority of homeowners stung by the 2017 SALT cap, it’s a win. The impact of the cap on housing markets in high-tax cities was clearly detrimental, with sales and prices ...

The 1,116-page bill the House passed early Thursday morning to enact President Trump’s ambitious legislative agenda faces a ...

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