SALT deduction

The case brought by New York and New Jersey was brought against a provision of the Tax Cuts and Jobs Act.

The billionaire is planning to move his home and business to Florida to avoid New York’s higher taxes, according to people familiar with the matter.

New York, New Jersey and Connecticut are again suing President Donald Trump’s administration over a provision in the 2017 tax law that limited write-offs for state and local taxes.

Churn of the rich; the rise of AI; collection time; and other highlights from our favorite tax bloggers.

The debate about the cap on federal deductions for state and local taxes has flipped the tables for lawmakers.

New York, New Jersey and Connecticut have been fighting a new cap on state and local tax deductions ever since it was included in the 2017 Republican tax overhaul.

States like New York and New Jersey that hoped to help residents circumvent the new $10,000 limit on state and local taxes won't be able to do so.

Good news for taxpayers in New York, New Jersey and California. Lawmakers are going to start talking about rolling back a new limit on a popular break for state and local taxes.

A decade ago, Angelo Mozilo was the face of the housing bust that preceded the financial crisis. Now the former chief executive officer of Countrywide Financial Corp. is predicting another drop, and for some homeowners it may be even worse.

States are enjoying windfalls after struggling to predict how President Donald Trump’s federal tax law changes would ripple through their revenue.