News

Lawmakers Land SALT Cap Deal That Will Offer Major Relief to Homeowners in High-Tax States
Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...
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 ...
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$40,000 SALT in the Trump Tax Bill: Who really benefits?
If you’ve ever itemized, you might already be familiar with the SALT deduction, the write-off for state and local taxes. It’s ...
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New tax bill lifts SALT cap to $40,000; Here's who gains
The proposed ‘One Big Beautiful Bill Act’ would raise the SALT deduction cap to $40,000, benefiting wealthier taxpayers in ...
Where the Megabill Landed on the SALT Deduction
Business owners continue to get the biggest tax benefit.
Major SALT Deduction Cap Boost Passes Senate. Here's Who Would Benefit
This move marks a reversal in policy on SALT deductions, one of the most contentious features of the 2017 Tax Cuts and Jobs Act.
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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 ...
SALT, College Tax, Energy: Winners and Losers in New GOP Bill
After weeks of arm-twisting and hand-wringing, Senate Republicans’ new version of their tax-and-spending bill text sets up an ...