Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...

Different provisions of the GOP tax and spending bill will kick in over the next year or so. Many are set to expire just ...

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

Congress has signed off on a $3.4 trillion legislative package featuring new tax breaks, spending cuts, and more funding for ...

Oil drillers win access to public lands and manufacturers get tax breaks, while elite universities face new endowment taxes ...

The bill modestly and permanently raises the maximum amount of the child tax credit from $2,000 to $2,200 per child under the ...

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

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

President Donald Trump’s “big beautiful bill” raises the SALT deduction cap to $40,000. Here’s who will benefit.

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

Taxpayers earning $1 million or more are expected to see a boost in after-tax income of about 3% under the One Big Beautiful ...