President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025. Here's how that could ...
The One Big Beautiful Bill Act (OBBBA) introduces a significant change for taxpayers in high-tax states by raising the SALT ...
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 ...
Many people will be thrilled to see larger-than-usual federal income tax refunds — some may end up $500 to $1,000 bigger than ...
Enacted via the Tax Cuts and Jobs Act, or TCJA, of 2017, there's currently a $10,000 limit on the SALT deduction, and raising that cap has been a priority for certain House lawmakers in high-tax ...
The 2026 tax filing season is underway, and major changes approved by Congress last year could mean larger refunds for many ...
House Republicans are calling for a higher limit on the deduction for state and local taxes, known as SALT, as part of President Donald Trump's tax and spending package. The House Ways and Means ...
Former President Donald Trump on Tuesday vowed that he would "get SALT back" if reelected, apparently suggesting that he would eliminate the cap on state and local tax deductions that he signed into ...
While many households will see higher refunds this year, they may be far smaller than promised and offset by higher tariffs ...