The new GOP tax law quadruples how much people can deduct in state and local taxes off their federal returns, offering ...

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 ...

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.

The latest SALT deduction change could mean thousands in tax savings for small businesses. But it’s won't be a permanent staple.

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.

President Donald Trump has signed into law the One, Big Beautiful Act (OBBA), and for taxpayers in high-tax states like ...

Changes to the state and local tax (SALT) deduction in the so-called 'One Big Beautiful Bill' have this tax break in the spotlight.

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 ...

Homeowners in New Jersey, New York, Connecticut, and California are poised to gain the most from the new SALT deduction in President Trump's tax law.

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and overtime pay, and addresses other tax priorities of the Trump administration.

Here's how North Carolina members of Congress voted from June 27 through July 10.