The SALT cap increases to $40,000 for 2025 — up from $10,000 in 2024. The maximum deduction phases down at higher income levels starting at $500,000 in adjusted gross income for 2025 and the benefit ...
President Trump has initiated a $10 billion lawsuit against the IRS and Treasury Department, claiming they failed to prevent the leak of his tax information from 2018 to 2020.