When Congress passed the Tax Cuts and Jobs Act in 2017, the $10,000 cap on state and local tax (SALT) deductions hit homeowners in high-tax states like New Jersey especially hard. Now, the new law ...

Home prices could creep up in high-tax areas as more buyers seek to benefit from the SALT deduction President Donald Trump's new tax law creates both winners and losers - and certain homeowners are ...

States are bracing for one of the most disruptive tax years in recent memory as the One Big Beautiful Bill forces them to rethink how their tax codes line up with federal law, especially the ...

EMANI FLEMING IN THE NEWSROOM. WITH THAT EMANI. WELL, STEVE, THAT TAX DEDUCTION IS CALLED THE SALT CAP. AND IT STANDS FOR STATE AND LOCAL TAX AND REFERS TO AN INDIVIDUL’S ABILITY TO DEDUCT SOME OF ...

In this episode of Tax Notes Talk, Steve Kralik of Armanino discusses the One Big Beautiful Bill Act’s implications for state tax, including the new version of the SALT cap and how states may conform ...

High-income residents of Democratic-leaning states are on track for substantial refunds early next year, aided by a temporary expansion of the state and local tax (SALT) deduction. President Donald ...

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 ...

The 2017 Tax Cuts and Jobs Act fundamentally reshaped the federal tax landscape. One of its most controversial provisions was the imposition of a $10,000 cap on the deductibility of state and local ...

ALBANY — A new $40,000 limit on state and local tax deductions, known as SALT, would be a win for many New Yorkers, tax analysts told Newsday, but provisions in the bill the Senate passed Tuesday ...

Christine Benz: Hi, I’m Christine Benz for Morningstar. One of the most notable aspects of the tax legislation signed into law earlier this year is an increase in how much of your state and local ...