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Trump’s tax law includes a $40,000 SALT cap. Here’s who qualifies.
The new GOP tax law quadruples how much people can deduct in state and local taxes off their federal returns, offering significant relief to high earners in many Democratic-led states by partially ...
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Trump's Tax Proposal: A Temporary Boost to SALT Deduction for High-Income Households
The Trump administration's recent tax proposal has stirred discussions with its significant adjustment to the State and Local ...
Why Small Businesses Should Care About the SALT Tax
The latest SALT deduction change could mean thousands in tax savings for small businesses. But it’s won't be a permanent staple.
Final Tax Reform Bill Preserves SALT And PTET Deductions For Traders And Professionals
Final tax reform bill preserves SALT and PTET deductions for traders and professionals, avoiding SSTB carve-outs and ensuring ...
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The One Big Beautiful Act: Key tax provisions now law
Getting your Trinity Audio player ready... On July 4, the “One Big Beautiful Bill” was signed into law making it the “One Big Beautiful Act” and enacting sweeping changes to the Internal Revenue Code.
How much can I deduct for my local taxes? Congress just decided
A popular tax break used in high-tax states like New Jersey would be capped under a deal reached over the weekend by ...
Lawmakers Land SALT Cap Deal That Will Offer Major Relief to Homeowners in High-Tax States
Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...
When does the big beautiful bill, no tax on overtime start? Here's what to know
President Donald Trump’s "One Big Beautiful Bill Act" is now law. So when does it take effect? Here's a look at when its ...