The One Big Beautiful Bill Act temporarily raises the SALT deduction limit, offering potential tax savings of thousands of ...

Taxpayers should prepare for major tax-policy shifts this year. Forbes’ expert contributors explain how — and when — key rule ...

The new tax bill also temporarily raises the cap on the state and local tax (SALT) deduction to $40,000, up from $10,000. The ...

The One Big Beautiful Bill included sweeping tax law changes. Here are several key changes individual taxpayers need to know in 2026.

New tax law increases Child Tax Credit to $2,200 and raises SALT deduction to $40,000 for married couples, potentially ...

The SALT deduction is only available to taxpayers who itemize their deductions rather than claiming the widely used standard deduction The decision on whether to take the standard deduction or itemize ...

CNBC’s Sharon Epperson explains changes in the deduction for state and local taxes. For more Tax Tips, go to ...

High-income residents of Democratic-leaning states are on track for substantial refunds early next year, aided by a temporary expansion of the state and local tax (SALT) deduction. President Donald ...

As debates ramp up for President Donald Trump's policy agenda, changes to a key tax provision could benefit higher earners, experts say. Currently, if you itemize tax breaks, you can't deduct more ...

Tax professionals supporting mergers and acquisitions (M&As) often focus first on federal income tax treatment. Yet, increasingly, state and local tax (SALT) issues are a primary driver of deal risk ...