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

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

Final tax reform bill preserves SALT and PTET deductions for traders and professionals, avoiding SSTB carve-outs and ensuring ...

Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...

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

Homeowners in New Jersey, New York, Connecticut, and California are poised to gain the most from the new SALT deduction in ...

Californians will be able to deduct more of their state and local taxes on their federal income tax returns thanks to the Big ...

The landmark “Big Beautiful Bill” that President Donald Trump signed on July 4 will affect the finances of hundreds of ...

The bill passed on almost strictly partisan lines, with two Republicans voting against the spending plan, but it still passed ...

Trump signed the legislation into law at the White House on Friday, July 4. What does the bill change about the way citizens ...