Outdated tax rules on home sales, gifts, and property are costing homeowners big. Here's how new proposals aim to fix the ...

House Republicans are considering raising the SALT deduction cap to $30,000 as part of Trump's tax package. Speaker Mike ...

President Donald Trump's newly passed "One Big Beautiful Bill" includes a major win for homeowners in high-tax states: a sharp increase in the State and Local Tax (SALT) deduction cap. The cap will ...

These changes may offer substantial income and estate tax planning opportunities, especially for taxpayers who reside in a ...

NewHomeSource reports on the 'Big Beautiful Bill,' impacting homebuyers with mortgage tax deductions, SALT cap increases, and ...

The state and local tax (SALT) deduction lets taxpayers write off certain state and local taxes from their federal taxable income. Under the One Big Beautiful Bill Act, signed into law by President ...

Now that the 2025 federal tax bill has been signed into law, it’s appropriate to revisit one of its most news-making elements: the federal deduction for state and local taxes (SALT). The new ...

When Congress passed the Tax Cuts and Jobs Act in 2017, the $10,000 cap on state and local tax (SALT) deductions hit homeowners in high-tax states like New Jersey especially hard. Now, the new law ...

Range reports that Trump's "Big Beautiful Bill" offers significant tax changes for high earners, including increased estate tax exemptions and expanded SALT deductions.

Trouble is coming, however, and it lies in the SALT Cap Phaseout Zone. The problem arises when the effective marginal tax rate on their next dollar of income increases from 32% to 41.6%, which ...