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SALT Cap
Congress raises SALT deduction cap to $40K for high-tax states
Filing taxes online using a computer Taxpayers in high-tax states such as New York, California, and New Jersey are expected to benefit from a major tax policy change passed by Congress. As part of the ... more
Lawler pushes for SALT cap relief in federal talks
New York Rep. Mike Lawler is calling for major changes to the federal cap on state and local tax (SALT) deductions, saying it’s hurt New Yorkers disproportionately, according to Spectrum News. He and other New ... more
Will the SALT deduction cap be raised? What homeowners need to know
A battle is heating up in Congress over the State and Local Tax deduction, also known as SALT. At stake is a proposed increase to the federal deduction cap, which could deliver major tax relief ... more
Tax break for homeowners debated at Trump meeting
Blue-state Republicans, including Rep. Mike Lawler, are urging President-elect Donald Trump to ease the cap on state and local tax deductions (SALT), a move that could impact middle-class homeowners in high-tax states. Lawler, a New ... more
GOP debates raising SALT cap at Mar-a-Lago
House Republicans, including Reps. Mike Lawler and Nick LaLota, will push for a higher cap on state and local tax (SALT) deductions in a meeting with President-elect Donald Trump this weekend. SALT deductions, currently capped ... more
