News

The SALT deduction is now much more generous. Here’s how to get the most out of the tax break.
A deduction to defray homeowners’ state income taxes and local property taxes is getting much more generous, following fierce ...
Who will — and won’t — benefit from the bigger SALT deduction
The new law lifts what had been a $10,000 cap to $40,000 for tax year 2025 and then adjusts it upward by 1% a year for 2026, ...
Why Small Businesses Should Care About the SALT Tax
The latest SALT change could bring in thousands worth of tax savings for small businesses when they file their taxes. But it’s not a permanent staple.
SALT deduction cap boosted to $40,000 — here’s who stands to get the biggest tax break
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 ...
New SALT Cap Could Slash Property Tax Pain for Homeowners in These High-Tax States
A new $40K SALT cap could deliver long-awaited tax relief to homeowners in high-cost states like NJ, NY, and CA by cutting ...
Daily Breeze13hOpinion
Are we pouring SALT on housing’s affordability wounds?
Tossing more money at the housing market only benefits the few who qualify – and makes house hunting a futile chase for the ...
Long Island Press3d
SALT deduction grows to $40K, stirring debate among Long Island reps
After years of debate, the U.S. House of Representatives passed a bill that raises the cap on the state and local tax ...
How the Big Beautiful Bill offers tax relief for homeowners in Southern California
Under the bill, the SALT cap temporarily increases to $40,000 per year, so long as your annual income does not exceed ...