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

Senate make a 180-turn, raising the SALT cap and reviving a loophole that allow rich Americans in high-tax states save money, experts say.

The SALT deduction cap is proving to be a major sticking point between House and Senate Republicans. Experts say expanding ...

The SALT agreement approved by the House as part of their version of President Donald Trump’s sweeping spending and tax cuts package would raise the cap on the deduction to $40,000 a year, or ...