President Donald Trump’s "big beautiful bill" raises the SALT deduction cap to $40,000. Here's who will benefit.

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

The megabill boosts the maximum SALT deduction for single filers and married couples to $40,000 through 2029, before going ...

The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...

The One Big Beautiful Bill (OBBB) cements many individual tax provisions from the 2017 Tax Cuts and Jobs Act (TCJA) including ...