This is the final tax year for a cap on the federal government's State and Local Tax (SALT) deduction, which reduces your IRS ...

Republican lawmakers are floating a range of ideas to pay for an extension of President Trump's Tax Cuts and Jobs Act.

House Republicans are in talks over raising the cap for state and local tax deductions after winning pledges from President ...

On January 17, 2025, multiple news outlets and other sources reported the existence of a memorandum circulated by the U.S.

Senators Kirsten Gillibrand and Charles Schumer introduced legislation today to permanently remove the cap on the state and local tax (SALT) deduction.

Blue-state Republicans have the numbers to shape policy in the House, and they are hunting for a tax deal.

House Republicans have outlined a list of tax options aimed at reforming the U.S. tax code. Here is what taxpayers should know.

Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...

In Trump’s plan, income earners would also gain the tax-free benefit, a change that could destabilize the Social Security ...

Justin Fox is a Bloomberg Opinion columnist covering business, economics and other topics involving charts. A former ...

This is the final tax year for a cap on the federal government's State and Local Tax (SALT) deduction, which reduces your IRS income tax bill based on taxes you've already paid to state and local ...