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The measure is often referred to as the SALT income tax deduction. (SALT stands for “state and local taxes.”) It allows ...
The agreement in July ended eight years of wrangling by New York political leaders, from both parties, who argued that the $10,000 cap on so-called SALT deductions, established in the 2017 Jobs and ...
On July 4, 2025, President Donald Trump signed the reconciliation bill, known as the “Big Beautiful Bill” (“BBB”), which ...
House Republicans are considering raising the SALT deduction cap to $30,000 as part of Trump's tax package. Speaker Mike ...
Understanding the intricacies of the State and Local Taxes (SALT) deduction is crucial for optimizing your tax strategy. With ...
A higher cap on the deduction for state and local taxes is one element of Trump’s Big Beautiful Bill that Gov. JB Pritzker ...
Trump’s new tax bill brings major changes to estate taxes, SALT deductions and bonus depreciation. Here’s how one wealth ...
One might expect that an increased State and Local Tax (SALT) deduction cap in the new tax bill would be front and center for ...
Outdated tax rules on home sales, gifts, and property are costing homeowners big. Here's how new proposals aim to fix the ...
In welcome news for individual taxpayers, the One Big Beautiful Bill Act temporarily increases the “SALT cap” – the limit on the amount of the ...
Rep. Mike Lawler and other Republicans hope voters care more about the money in their pocket than cuts to health care systems ...