News

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 ...
Latest version of Trump’s ‘big, beautiful bill’ raises SALT deduction cap to $40,000: What it means for you
Senate Republicans passed changes to the federal deduction for state and local taxes, known as SALT. Here's how the SALT ...
We moved from Salt Lake City to a small Texas town. The high property taxes shocked us, but the small-town vibe is worth it.
Lance Koster was ready for a career change and believed Texas was the best place to make it happen. The Koster family is ...
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 ...
Trump's ‘big beautiful bill' passes SALT deduction limit of $40,000. Here's who benefits
President Donald Trump’s “big beautiful bill” raises the SALT deduction cap to $40,000. Here’s who will benefit.
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 ...
Congress' Newly Passed Bill Means Homeowners Could Save Thousands In Taxes
A key provision included in the law will raise the cap on the State and Local Tax (SALT) deduction to $40,000.
Where the Megabill Landed on the SALT Deduction
Business owners continue to get the biggest tax benefit.
Institute on Taxation and Economic Policy3dOpinion
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 caucus likely to keep gains despite leaving sour taste in Freedom Caucus mouths
The current $40,000 SALT cap that was brokered appears likely to stay as any changes would undoubtedly cost votes from the ...