Understanding the intricacies of the State and Local Taxes (SALT) deduction is crucial for optimizing your tax strategy. With ...

The Second Circuit rejected arguments by several States who challenged updated regulations that would prohibit many of SALT ...

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 ...

On July 4, 2025, President Donald Trump signed the reconciliation bill, known as the “Big Beautiful Bill” (“BBB”), which covered many of his ...

SALT, which can be claimed by taxpayers who itemize their deductions, is why the very rich get less of a break in California ...

The higher cap in the Big Beautiful Bill looks like good news, Ross Atefi, founder of Yatra Wealth Design, warns that for ...

Trump’s 2025 tax overhaul expands deductions and investor breaks. Here’s how to lock in savings before the year ends.

What is SALT tax deduction? The State and Local Tax (SALT) deduction is a rule that helps people lower the amount of federal taxes they owe. It lets you deduct the state and local taxes you’ve ...

The "One Big, Beautiful Bill" increases two significant tax deductions, but cuts clean energy tax credits for the 2025 tax ...

Realtor.com broke down the 10 states and 10 metropolitan areas with the highest percentage of properties with taxes over ...

Rep. Mike Lawler came to Yorktown Friday, August 1, to take a victory lap on his advocacy for a raise in the cap on the ...

The One Big Beautiful Bill Act is temporarily quadrupling the state and local tax deduction to at least $40,000, up from $10,000, for the next five years. Now it’s up to taxpayers to see if they can ...