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 ...

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.

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

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

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.

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 ...

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 ...

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.

From increased deductions on mortgage interest to more incentives for low-income housing construction, the 'Big Beautiful ...

The “One Big Beautiful Bill Act” has sparked alarm in New York with warnings of devastating impacts on health insurance, food ...

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

President Trump signed into law what is commonly referred to as the One Big Beautiful Bill Act (OBBBA), extending provisions from the Tax Cuts and Jobs Act of 2017 otherwise set to expire at the ...