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Debate intensifies over SALT deduction cap
As Congress edges closer to key tax deadlines, a familiar fight is back on the agenda: whether to lift or extend the limit on ...
New 2025 tax law locks in lower rates, boosts deductions, and reshapes SALT, senior, worker and business breaks. See what to do before year-end to cut your bill.
President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025. Here's how to maximize the tax break.
Enacted via the Tax Cuts and Jobs Act, or TCJA, of 2017, there's currently a $10,000 limit on the SALT deduction, and raising that cap has been a priority for certain House lawmakers in high-tax ...
The new administration in Washington, D.C., has ushered in changes to the tax code. Many taxpayers want to know how the One Big Beautiful Bill Act (OBBBA), which passed in July, will affect them. The ...
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 ...
Year-end planning can significantly boost the benefits of new tax changes, helping taxpayers reduce liabilities and maximize ...
States are bracing for one of the most disruptive tax years in recent memory as the One Big Beautiful Bill forces them to rethink how their tax codes line up with federal law, especially the ...
New tax breaks on tips, overtime, and SALT deductions mean bigger 2026 refunds for some—but not all. Find out if you're in ...
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