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

The federal state and local sales tax (SALT) deduction cap is higher this year, and could translate into bigger savings for ...

The SALT deduction allows taxpayers who itemize their federal returns to deduct certain taxes paid to state and local ...

Illinois homeowners—long burdened by some of the nation’s steepest property taxes—will see relief as the SALT deduction cap ...

Raising the SALT deduction cap primarily benefits higher-income taxpayers in high-tax states like California and New York. According to the Tax Foundation , only the top 20% of earners would see ...

For the next five years, there will be a much more generous state and local tax deduction available to federal income tax filers, thanks to the recently enacted mega tax-and-spending-cuts law.

Congress passed a giant tax bill that includes the Senate's SALT changes that allow rich Americans in high-tax states to save ...

What the deduction does is all in the name. It allows taxpayers to deduct what they owe in state and local taxes from their federal income taxes. The OBBBA raises the cap on how much taxpayers can ...

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

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

While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...

As part of President Donald Trump’s “big, beautiful bill,” the federal cap on state and local taxes (SALT) has been raised ...