Congress passed a giant tax bill that includes the Senate's SALT changes that allow rich Americans in high-tax states to save ...

The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...

Final tax reform bill preserves SALT and PTET deductions for traders and professionals, avoiding SSTB carve-outs and ensuring ...

Republicans claim to champion fiscal responsibility, but the Senate passed a $4 trillion spending monstrosity that makes the ...

What made the cut—from SALT to no tax on tips—and what didn’t.

Senate Republicans voting in a dramatic late Saturday session narrowly cleared a key procedural step as they race to advance ...

The Republican-controlled Senate has advanced President Donald Trump’s package of tax breaks, spending cuts and increased ...

Senate Republicans passed changes to the federal deduction for state and local taxes, known as SALT. Here's how the SALT ...

This move marks a reversal in policy on SALT deductions, one of the most contentious features of the 2017 Tax Cuts and Jobs Act.

The current $40,000 SALT cap that was brokered appears likely to stay as any changes would undoubtedly cost votes from the ...