News

Illinois homeowners—long burdened by some of the nation’s steepest property taxes—will see relief as the SALT deduction cap ...
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 recent tax legislation under President Trump has brought significant changes to the SALT deduction, offering potential ...
The federal state and local sales tax (SALT) deduction cap is higher this year, and could translate into bigger savings for ...
New York homeowners are set to gain from a major SALT deduction overhaul, with the cap rising from $10,000 to $40,000. The ...
The One Big Beautiful Bill Act's increase of the state and local tax (SALT) deduction cap creates an opportunity to use ...
The SALT deduction is limited to those making less than $500,000 per year, which includes roughly 98% of taxpayers. According ...
Higher federal income tax offsets for state and local tax payments have morphed into a mostly upper-middle-class political ...
While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...
The "One Big, Beautiful Bill" increases two significant tax deductions, but cuts clean energy tax credits for the 2025 tax ...
OBBB Act updates key tax rules for condo owners, including higher standard deductions, a $750,000 mortgage interest limit, ...