News

New changes to SALT deductions could bring major tax savings for Florida homeowners—here’s how much Miami owners could ...
New York homeowners are set to gain from a major SALT deduction overhaul, with the cap rising from $10,000 to $40,000. The ...
Illinois homeowners—long burdened by some of the nation’s steepest property taxes—will see relief as the SALT deduction cap ...
The SALT deduction is limited to those making less than $500,000 per year, which includes roughly 98% of taxpayers. According ...
The federal state and local sales tax (SALT) deduction cap is higher this year, and could translate into bigger savings for ...
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 ...
Congress passed a giant tax bill that includes the Senate's SALT changes that allow rich Americans in high-tax states to save money, experts say.
The SALT deduction allows taxpayers who itemize their federal returns to deduct certain taxes paid to state and local ...
The new law lifts what had been a $10,000 cap to $40,000 for tax year 2025 and then adjusts it upward by 1% a year for 2026, ...
A new provision in the House tax plan would significantly increase the State and Local Tax (SALT) deduction cap from the ...
President Trump's policy agenda is now the law of the land. It’s time to put aside the political debate and start to look at ...