News

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" raises the SALT deduction cap to $40,000. Here's who will benefit.
Trump’s "big beautiful bill" includes a temporary $40,000 SALT deduction cap. But the phaseout could trigger a tax surprise ...
The Trump tax bill raises the SALT deduction cap to $40,000 by 2025—but the real winners are high earners in high-tax states.
Senate Republicans passed changes to the federal deduction for state and local taxes, known as SALT, on Tuesday, a crucial ...
The post Trump’s Tax Cuts: A Dangerous Double-Edged Sword appeared first on Self Employed. The recent passage of Trump’s tax ...
Learn the surprising role salt plays in cooking, and how it can be the secret weapon behind some of the best dishes.
While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...
The 'Great Beautiful Law' temporarily raises the SALT deduction cap to $40,000 starting in 2025, offering relief to many taxpayers. However, a phaseout mechanism could lead to higher effective tax ...
A sudden freeze on federal education funds could leave Utah schools short millions for the 2025-26 school year. Here’s how much your district may be missing.
Trump met with the SALT Republicans and sent them away to find a "fair number," indicating he is in favor of an increase on the cap rather than an outright removal.