The SALT deduction - the state and local tax deduction - increased for the 2026 tax season. Here's what it is and how you can ...

President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025. Here's how that could affect your tax return this season.

The new Trump tax bill temporarily raises the SALT deduction cap to $40,000 for many taxpayers, offering significant relief ...

For millions of homeowners in high-tax states, property taxes haven’t just been painful—they’ve been punishing. As home values soared over the past decade, property tax bills rose right along with ...

Many taxpayers will itemize deductions again on their 2025 federal tax return due to changes affecting the SALT deduction (State and Local Tax deduction). In this clip, we explain why ...

awmakers are nearing a deal to raise the federal cap on state and local tax (SALT) deductions from $10,000 to $40,000 The SALT cap has become a sore spot for lawmakers in those states, where rapid ...

President Trump’s new tax law means a fourfold increase to a tax perk that could benefit entrepreneurs operating in high-tax states. The tax law Republican lawmakers managed to pass last week raises ...

During the negotiations over President Donald Trump's signature tax and spending bill this year, one of the most contentious issues was the state and local tax deduction, or SALT. By letting people ...

The state and local tax deduction has always been a political flashpoint, but its impact goes far beyond politics. With Congress having expanded the SALT deduction in the new tax law, businesses need ...

A key New York Republican said he's pleased with a tax provision in the Senate's version of President Donald Trump's "big, beautiful bill" after weeks of tense back ...