Senate Republicans’ tax bill raises the "SALT" deduction cap to $40,000. Here's who could benefit from the change.

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

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

Senate Republicans on Tuesday passed changes to the federal deduction for state and local taxes, known as SALT, as part of President Donald Trump’s multitrillion-dollar spending bill. Passed via ...

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

In a narrow vote Tuesday, the Senate passed its version of the massive Republican tax and spending bill. Here's what would ...

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

America's takeaway from this should be to laugh hysterically the next time Republicans claim to be the party of responsible ...

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

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

After years of debate, the U.S. House of Representatives passed a bill that raises the cap on the state and local tax ...

The Senate made adjustments to preserve the state and local tax deduction for pass-through entities such as accounting firms.