News

President Donald Trump ’s ‘big beautiful bill’ delivers a temporary higher limit on the federal deduction for state and local ...
The new GOP tax law quadruples how much people can deduct in state and local taxes off their federal returns, offering ...
A new $40K SALT cap could deliver long-awaited tax relief to homeowners in high-cost states like NJ, NY, and CA by cutting ...
Workers who pick up extra shifts may now qualify for temporary relief on their overtime pay. From 2025 through 2028, single ...
For the next five years, there will be a much more generous state and local tax deduction available to federal income tax ...
Congress passed a giant tax bill that includes the Senate's SALT changes that allow rich Americans in high-tax states to save ...
The One Big Beautiful Bill Act is temporarily quadrupling the state and local tax deduction to at least $40,000, up from ...
The latest SALT deduction change could mean thousands in tax savings for small businesses. But it’s won't be a permanent staple.
The Trump administration's recent tax proposal has stirred discussions with its significant adjustment to the State and Local ...
A deduction to defray homeowners’ state income taxes and local property taxes is getting much more generous, following fierce ...
The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...
Trump’s tax law includes a $40,000 SALT cap. Here’s who qualifies. The GOP legislation provides some relief for homeowners in Democratic-led states and cities but sets up another fight soon.