As the Republican Party’s signature economic bill heads to the Senate after being passed by the House, one of the key ...

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do just that has become a point of contention and a possible roadblock to House ...

At the same time, their moderate counterparts desire greater tax relief for those states with higher state and local tax ...

Republicans are poised to permanently cap how much of the taxes paid to state and local governments can be written off on federal taxes, which would greatly impact Californians — particularly ...

That’s a quick snapshot of who will benefit and who won’t from what President Donald Trump labeled the “Big, Beautiful” bill ...

This federal deduction for state and local taxes — the SALT deduction, for short — has a big influence on how the tax burden is divided. It tends to help taxpayers in wealthier, more urban ...

The latest GOP proposal raises the cap on deducting state and local taxes, a policy change backed by some Democrats ...

Surging income and business tax receipts will leave Connecticut with its second-largest surplus in state history, analysts reported Wednesday, even as officials remained divided whether to use any of ...

Two months before the news broke that the Trump administration might try to end federal support ... and marijuana tax dollars away from local governments to fund state programs.

But the worry about federal funding cuts could ... to raise the transient accommodations tax. The question is how will they spend the extra money. State Department of Business, Economic ...