The measure is often referred to as the SALT income tax deduction. (SALT stands for “state and local taxes.”) It allows ...

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

On July 4, 2025, President Donald Trump signed the reconciliation bill, known as the “Big Beautiful Bill” (“BBB”), which ...

New changes to SALT deductions could bring major tax savings for Florida homeowners—here’s how much Miami owners could ...

New York homeowners are set to gain from a major SALT deduction overhaul, with the cap rising from $10,000 to $40,000. The ...

Changes under the OBBBA make choosing between income or sales tax deductions more important than ever for maximizing your ...

Texas homeowners—especially in fast-growing cities like Austin—are set to benefit from the SALT deduction cap rising to ...

Higher federal income tax offsets for state and local tax payments have morphed into a mostly upper-middle-class political ...

The One Big Beautiful Bill Act's increase of the state and local tax (SALT) deduction cap creates an opportunity to use ...

Recent changes to the SALT deduction mean itemizing may be your best option. Learn how to make the most of your tax benefits.

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