Unless further changes are made, in 2029, the SALT cap will revert back to $10,000. The consequences of SALT deduction increase in the BBB: ...

Understanding the intricacies of the State and Local Taxes (SALT) deduction is crucial for optimizing your tax strategy. With recent legislative changes, taxpayers must evaluate their financial ...

Recent changes to the SALT deduction mean itemizing may be your best option. Learn how to make the most of your tax benefits.

Thanks to the One Big Beautiful Bill ACT (OBBBA), some taxpayers can now take greater advantage of the state and local tax ...

Roughly 2.3 million Pennsylvania retirees are expected to benefit from a new federal deduction that exempts most Social ...

Like many who may be reading this piece, I’m honored to have a few friends I’d say would be on the upper-middle-class (if not ...

Roughly 2 million retirees in North Carolina are expected to benefit from a new federal deduction that exempts most Social ...

If you are a homeowner in Santa Barbara, you have likely felt the impact of the $10,000 cap on state and local tax deductions ...

Under the old $10,000 SALT deduction cap, 5.4% of Florida homeowners exceeded the threshold. With the new $40,000 cap, that number drops sharply to just 0.4%, according to Realtor.com ® economists.

One might expect that an increased State and Local Tax (SALT) deduction cap in the new tax bill would be front and center for the wealthy in Orange County, but with a $500,000 phase out and hard cap ...

South Carolina retirees are expected to benefit from a new federal deduction that exempts most Social Security income from ...

Roughly 1.8 million Georgia retirees are set to gain from the new federal senior deduction, which exempts most Social ...