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

President Donald Trump’s ‘big beautiful bill’ delivers a temporary higher limit on the federal deduction for state and local ...

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

For the next five years, there will be a much more generous state and local tax deduction available to federal income tax filers, thanks to the recently enacted mega tax-and-spending-cuts law.

Here’s a closer look at some of the major tax breaks that are slated to disappear and how that could impact your taxes.

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 law permanently extends major provisions of 2017’s Tax Cuts and Jobs Act, including lower tax rates, larger standard deduction, child tax credit and full business expensing deductions for ...

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

Senate Republicans’ tax bill raises the ‘SALT’ deduction cap to $40,000. Here’s who could benefit from the change.