News

Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...
A proposed $40,000 cap on the SALT deduction reignites debate over who benefits most, especially in high-tax states.
Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...
Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers.
The state and local tax deduction is up for consideration again on Capitol Hill. What does it mean for you and your property taxes?
While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...
House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.
Prior to the Tax Cuts and Jobs Act (“TCJA”), there was no direct limitation on an individual taxpayer’s deduction of his or ...
The proposed House GOP tax bill raises ‘SALT’ deduction cap to $30,000 for most taxpayers. Here’s who would benefit the most, ...
The version passed by the House increases that deduction limit to $40,000. The increase was a big point of contention for ...
President Donald Trump's "Big, Beautiful Bill" cements his economic agenda into law, reshaping tax policy and federal spending.
The issue pits Republicans from high ... tax states against fiscal hardliners. The future of President Donald Trump's "One Big Beautiful Bill" that would fund his second-term agenda could depend ...