The SALT deduction temporarily jumped to $40K under Trump’s tax reform, and the $750K mortgage interest cap is now permanent, boosting homeowner savings.

In the current unpredictable business landscape, CEOs and CFOs face increasing pressure to find a balance between state tax compliance and cost ...

According to the Tax Policy Center, the average household is expected to save approximately $2,900 under the new law in 2026.

The new SALT deduction was supposed to give homeowners in high-tax states a break. By quadrupling the amount of state and local taxes they could deduct from their federal return, these homeowners ...

A federal appeals court in Manhattan on Thursday appeared skeptical of arguments by four Democratic-leaning U.S. states to overturn Republican President Donald Trump's decision to cap federal ...

The Internal Revenue Service (IRS) released its new tax brackets and rates for the upcoming tax filing year. Yahoo Finance ...

Homeowners in some of the most expensive housing markets in the country could reduce their annual tax bills by thousands of dollars thanks to a higher SALT cap, which is set to increase by 1 percent ...

In New Jersey, for instance, more than 40% of homeowners paid more in property taxes than the previous $10,000 cap allowed. Under the new $40,000 limit, only 1.6% are expected to exceed the threshold.