News

A new law raising the SALT deduction cap from $10,000 to $40,000 is poised to ease the tax burden on thousands of New Jersey ...
The federal state and local sales tax (SALT) deduction cap is higher this year, and could translate into bigger savings for ...
What the deduction does is all in the name. It allows taxpayers to deduct what they owe in state and local taxes from their federal income taxes. The OBBBA raises the cap on how much taxpayers can ...
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 ...
Changes to the state and local tax (SALT) deduction in the so-called 'One Big Beautiful Bill' have this tax break in the ...
The SALT deduction allows taxpayers who itemize their federal returns to deduct certain taxes paid to state and local ...
The Republican party is heralding its new tax legislation as a win for middle income Americans. But the most substantial tax ...
It may end up better to jettison the whole SALT apparatus and settle for the standard deduction.
The landmark “Big Beautiful Bill” that President Donald Trump signed on July 4 will affect the finances of hundreds of ...
Last week, when President Donald Trump signed the One Big Beautiful Bill (OBBB) into law, he said it would help to bring ...
Wondering how the new tax law will impact your own finances? Here are some of the major provisions that could touch everyday ...
Homeowners in New Jersey, New York, Connecticut, and California are poised to gain the most from the new SALT deduction in President Trump's tax law.