News

Final Tax Reform Bill Preserves SALT And PTET Deductions For Traders And Professionals
Final tax reform bill preserves SALT and PTET deductions for traders and professionals, avoiding SSTB carve-outs and ensuring ...
Latest version of Trump’s ‘big, beautiful bill’ raises SALT deduction cap to $40,000: What it means for you
Senate Republicans passed changes to the federal deduction for state and local taxes, known as SALT. Here's how the SALT ...
Trump's ‘one big beautiful' bill passes ‘SALT' deduction limit of $40,000. Here's who benefits
President Donald Trump’s “one big beautiful” bill raises the “SALT” deduction cap to $40,000. Here’s who will benefit.
National Law Review6h
One Big Beautiful Bill Locks in Tax Cuts, Tweaks SALT and Adds New Deductions
The One Big Beautiful Bill (OBBB) cements many individual tax provisions from the 2017 Tax Cuts and Jobs Act (TCJA) including ...
Senate reverses course and makes SALT plentiful again in tax bill. Why this matters.
Senate make a 180-turn, raising the SALT cap and reviving a loophole that allow rich Americans in high-tax states save money, ...
Where the Megabill Landed on the SALT Deduction
Business owners continue to get the biggest tax benefit.
SALT income tax deduction takes key step forward
A much followed tax break improvement is inching toward becoming a reality. A proposed tweak to the state and local tax (SALT ...
Senate Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who would benefit.
The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...
Institute on Taxation and Economic Policy1dOpinion
The SALT Caucus, Fortunately, Comes Up Short
The endlessly debated cap on deductions for state and local taxes (SALT) has emerged in the GOP megabill largely ...