We found at least 10 tax write offs and breaks that New York residents can use to save money with the IRS. Here's the legal ...
A New York Republican says that President Trump supports reverting to an unlimited deduction for state and local taxes, though the president also recognizes that a SALT cap may be necessary to keep ...
The 2017 Tax Cuts and Jobs Act (TCJA) capped the SALT deduction at $10,000 per year, which New York State said has had a significant financial impact on New Yorkers since it took effect in 2018.
New York state has nine income tax rates, ranging from 4% to 10.9%. Tax credits and deductions, filing status and residency status can influence what you pay. Many, or all, of the products ...
Republican lawmakers from high-tax New York and New Jersey are pushing to hike the state and local tax (SALT) deduction cap for their residents to as much as $100,000 as part of President-elect ...
House Republican snowbirds from New York ... deduction for their residents, and Mr. Trump told them he will do so despite its costs for the GOP’s larger agenda. Their plea concerns the state ...
With a full repeal facing an uphill climb — as past efforts to reinstate the full SALT deduction ... New York City politics and government. She joined Newsday in 2012 after covering state ...
House Republicans from New York, California and New Jersey unhappy with a cap on state and local tax deductions cast talks on the issue with Donald Trump as “positive” but described no firm ...
Journal Editorial Report: The week's best and worst from Kim Strassel, Allysia Finley and Dan Henninger. Photo: Jose Luis Magana/Associated Press/Rich Pedroncelli ...