Trump’s “big beautiful bill” includes a temporary $40,000 SALT deduction cap. But the phaseout could trigger a tax surprise ...

Workers who pick up extra shifts may now qualify for temporary relief on their overtime pay. From 2025 through 2028, single ...

Congress passed a giant tax bill that includes the Senate's SALT changes that allow rich Americans in high-tax states to save ...

For the next five years, there will be a much more generous state and local tax deduction available to federal income tax ...

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 new $40K SALT cap could deliver long-awaited tax relief to homeowners in high-cost states like NJ, NY, and CA by cutting ...

The One Big Beautiful Bill Act is temporarily quadrupling the state and local tax deduction to at least $40,000, up from ...

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

A deduction to defray homeowners’ state income taxes and local property taxes is getting much more generous, following fierce ...

The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...

Signed on July 4, 2025, the ‘One Big Beautiful Bill Act’ extends Trump-era tax cuts but limits SALT deductions—potentially ...