News

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 Republican party is heralding its new tax legislation as a win for middle income Americans. But the most substantial tax ...
Range reports that Trump’s “Big Beautiful Bill” offers significant tax changes for high earners, including increased estate ...
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, ...
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 ...
After years of debate, the U.S. House of Representatives passed a bill that raises the cap on the state and local tax ...
Reinstated mortgage insurance premium deductibility and a higher cap on state and local tax deductions could change whether ...
A new $6,000 tax break for Americans aged 65-plus could offer relief, but some may see little benefit. Here’s who will ...