The One Big Beautiful Bill Act is temporarily quadrupling the state and local tax deduction to at least $40,000, up from ...

The new tax law hiked the SALT deduction cap to $40,000. That’s good news for taxpayers in high tax states, but it’s a ...

President Donald Trump’s “big beautiful bill” raises the SALT deduction cap to $40,000. Here’s who will benefit.

Senate Republicans passed changes to the federal deduction for state and local taxes, known as SALT. Here's how the SALT ...

The new law lifts what had been a $10,000 cap to $40,000 for tax year 2025 and then adjusts it upward by 1% a year for 2026, ...

Only those earning $500,000 or less could take advantage of the full $40,000 cap, under the bill the Senate passed.

A new $40K SALT cap could deliver long-awaited tax relief to homeowners in high-cost states like NJ, NY, and CA by cutting ...

Final tax reform bill preserves SALT and PTET deductions for traders and professionals, avoiding SSTB carve-outs and ensuring ...

Business owners continue to get the biggest tax benefit.

This move marks a reversal in policy on SALT deductions, one of the most contentious features of the 2017 Tax Cuts and Jobs Act.

The endlessly debated cap on deductions for state and local taxes (SALT) has emerged in the GOP megabill largely ...

A new $6,000 tax break for Americans aged 65-plus could offer relief, but some may see little benefit. Here’s who will ...