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 ...

Understanding the intricacies of the State and Local Taxes (SALT) deduction is crucial for optimizing your tax strategy. With ...

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

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

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

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

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

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

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.

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