It turns out that there is such a thing as too much SALT. U.S. District Judge J. Paul Oetken has dismissed a lawsuit filed by four states to strike down the cap on state and local tax (SALT) ...

The 2017 Tax Cuts and Jobs Act fundamentally reshaped the federal tax landscape. One of its most controversial provisions was the imposition of a $10,000 cap on the deductibility of state and local ...

A multistate coalition that includes New York, Connecticut, Maryland and New Jersey petitioned the U.S. Supreme Court Monday to review a 2nd Circuit Court of Appeals ruling that the cap on state and ...

WASHINGTON, D.C. - APRIL 19, 2018: The U.S. Supreme Court Building in Washington, D.C., is the seat of the Supreme Court of the United States and the Judicial Branch of government. (Photo by Robert ...

The 'One Big Beautiful Bill Act,' a cornerstone of President Donald Trump's legislative agenda, is navigating through Congress with significant challenges. A key point of contention is the State and ...

California and New Jersey are two of the states that would benefit from a SALT deduction increase. A new tax deal in Washington could bring long awaited relief to homeowners in high tax states—all it ...

With the energy of pigs rooting out truffles, Democrats are searching high and low for new taxes to shrink income inequality and to fund their budget-busting social programs like “Medicare for all” ...

The Tax Cuts and Jobs Act of 2017 (TCJA) capped the deduction for state and local taxes at $10,000 for tax years 2018 through 2025. The SALT deduction can include real estate taxes and either sales ...