The new GOP tax law quadruples how much people can deduct in state and local taxes off their federal returns, offering ...

For the next five years, there will be a much more generous state and local tax deduction available to federal income tax ...

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

President Donald Trump's tax and spending bill revives and expands homeowner tax breaks — while making the current mortgage ...

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 ...

A new $6,000 tax break for Americans aged 65-plus could offer relief, but some may see little benefit. Here’s who will ...

A new $40K SALT cap could deliver long-awaited tax relief to homeowners in high-cost states like NJ, NY, and CA by cutting ...

The endlessly debated cap on deductions for state and local taxes (SALT) has emerged in the GOP megabill largely ...

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

This is a generationally significant moment—strategic action now can preserve and protect multigenerational wealth when it ...