Progressives reflexively denounce tax cuts and spending cuts as "giveaways to the wealthy" or "stealing from the poor." ...

Changes to the state and local tax (SALT) deduction in the so-called 'One Big Beautiful Bill' have this tax break in the spotlight.

July 18, 2025 Federal Tax Legislation Extends and Increases SALT Cap, Preserves PTET Workarounds David Dalton, Stephanie Gentile, Todd Gluth, Eileen Marshall, Patrick Sharma Cooley LLP + Follow ...

Middle-income seniors gain most as the SALT cap quadruples, offering rare relief in one of the nation's costliest states.

The OBBBA is long an complicated, here are 7 strategies for high-income California business owner to minimize their tax this ...

Casting the new law as stealing from the poor to give to the rich is a calculated distortion—one that omits that the act increases the child tax credit and standard deduction, and provides tax ...

These changes may offer substantial income and estate tax planning opportunities, especially for taxpayers who reside in a high income-tax state, such as New Jersey. Advisers should review these ...

The new GOP tax law quadruples how much people can deduct in state and local taxes off their federal returns, offering significant relief to high earners in many Democratic-led states by partially ...

For individual clients, the Legislation provides estate and tax planning opportunities, including through the increase in the federal gift, estate ...

A higher cap on the deduction for state and local taxes is one element of Trump’s Big Beautiful Bill that Gov. JB Pritzker ...

The federal state and local sales tax (SALT) deduction cap is higher this year, and could translate into bigger savings for Golden State homeowners.