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

U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...

The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.

If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...

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

The bill now faces a difficult test of making it through a Republican-controlled Senate with different preferences and ...

The House bill includes SALT cap increases, changes to Medicaid and SNAP and new rules to claim child tax credits.

The bill is expected to undergo more changes when it goes to the Senate for final passage. FOX 5 NY's Morgan McKay has more.

Highlights of the bill include a bigger SALT deduction, cuts to Medicaid, and tax breaks on tipped wages. Here’s how it may ...

Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and ...