News

The 'Great Beautiful Law' temporarily raises the SALT deduction cap to $40,000 starting in 2025, offering relief to many taxpayers. However, a phaseout mechanism could lead to higher effective tax ...
The One Big Beautiful Bill Act is temporarily quadrupling the state and local tax deduction to at least $40,000, up from ...
For the next five years, there will be a much more generous state and local tax deduction available to federal income tax filers, thanks to the recently enacted mega tax-and-spending-cuts law.
The new tax law hiked the SALT deduction cap to $40,000. That’s good news for taxpayers in high tax states, but it’s a ...
A deduction to defray homeowners’ state income taxes and local property taxes is getting much more generous, following fierce ...
A new $40K SALT cap could deliver long-awaited tax relief to homeowners in high-cost states like NJ, NY, and CA by cutting ...
The latest SALT deduction change could mean thousands in tax savings for small businesses. But it’s won't be a permanent staple.
The tax hike would help the Jordan Valley Water Conservancy District meet the growing demand that comes with the county’s ...