As Congress edges closer to key tax deadlines, a familiar fight is back on the agenda: whether to lift or extend the limit on ...
Among the changes in the One Big Beautiful Bill Act is an adjustment to the state and local tax deduction cap. The bill temporarily increases the SALT deduction cap, allowing taxpayers to deduct a ...
High-income residents of Democratic-leaning states are on track for substantial refunds early next year, aided by a temporary expansion of the state and local tax (SALT) deduction. President Donald ...
Year-end planning can significantly boost the benefits of new tax changes, helping taxpayers reduce liabilities and maximize ...
Presumably, these areas will benefit the most from the SALT deduction cap increase. “The winners of this deduction will most definitely be the middle- to upper-middle-class earners of high-tax states, ...
New tax breaks on tips, overtime, and SALT deductions mean bigger 2026 refunds for some—but not all. Find out if you're in ...
The recently passed One Big Beautiful Bill Act (OBBBA) gave Americans a huge tax cut that critics say primarily benefits the wealthy. But the law contains a rare reversal from President Donald Trump ...
O'Connor discusses the SALT Deduction Cap and how it promises to greatly benefit the average New York property owner. NEW YORK CITY, NY, UNITED STATES, August 6, 2025 ...
You're better off knowing this sooner than later.
President Donald Trump’s newly passed “One Big Beautiful Bill” includes a major win for homeowners in high-tax states: a sharp increase in the State and Local Tax (SALT) deduction cap. The cap will ...