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 raises the SALT deduction cap starting in 2025, potentially increasing tax refunds for many ...
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 ...
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 ...
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 ...
As Senate Republicans debate trillions of tax breaks advanced by the House, some business owners could be blocked from part of the proposed windfall, policy experts say. Stream Connecticut News for ...
While many households will see higher refunds this year, they may be far smaller than promised and offset by higher tariffs ...
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 ...