Analysts say repealing the 2017 measure that has increased federal taxes on Long Island is complex, uncertain.

During his campaign, President-elect Donald Trump vowed to lift the controversial $10,000 state and local tax deduction cap (SALT) Congress instituted in 2017. “I will turn it around, get SALT back, ...

Some Republicans in high-tax states have been trying to get changes to the SALT cap. Could a tight Republican majority in the ...

Trump put the cap in place when president. It limits to $10,000 how much taxpayers can deduct on federal returns for state ...

Unlike most tax-policy disputes, the $10,000 cap on state and local tax deductions breaks along regional lines, not just ...

Donald Trump recently made headlines working a stint at a McDonald’s. Salty fries taste great, but otherwise he needs to pull ...

taxpayers who earned more than $100,000 claimed 91% of the tax benefit for the SALT deduction. That year, the average SALT deduction taxpayers claimed was $23,804 in New York and $5,451 in Alaska ...

President-elect Trump could put more money in Americans’ pockets with a raft of tax code changes, insiders and experts said.

get SALT back, lower your Taxes, and so much more. I’ll work with the Democrat Governor and Mayor, and make sure the funding is there to bring New York State back to levels it hasn’t seen for ...

Lawyers are beginning to flesh out what the specifics of what a second Trump Administration may look like, and what we can expect before Biden passes the baton.

a move that critics say targeted Democratic-leaning states with high state income and property taxes, including New Jersey, New York, Connecticut and California. The SALT deduction lets people ...