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New Jersey’s New SALT Deduction Rules Could Help Homeowners Keep More Money
A new law raising the SALT deduction cap from $10,000 to $40,000 is poised to ease the tax burden on thousands of New Jersey ...
New SALT Deduction Could Put Thousands Back in California Homeowners’ Pockets
The federal state and local sales tax (SALT) deduction cap is higher this year, and could translate into bigger savings for ...
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Sherrill votes against property tax deduction bill in Congress to maintain high taxes in New Jersey
Mikie Sherrill is running for Governor of New Jersey for the Democrats and says she wants to lower taxes and make the Garden ...
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Where — and for whom — Trump’s higher SALT deduction cap has the most impact
What the deduction does is all in the name. It allows taxpayers to deduct what they owe in state and local taxes from their federal income taxes. The OBBBA raises the cap on how much taxpayers can ...
SALT deduction cap boosted to $40,000 — here’s who stands to get the biggest tax break
The new tax law hiked the SALT deduction cap to $40,000. That’s good news for taxpayers in high tax states, but it’s a temporary boost.
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House Proposal Raises SALT Deduction Cap to $40,000
A new provision in the House tax plan would significantly increase the State and Local Tax (SALT) deduction cap from the ...
High income taxpayers in California and New York set for a SALT windfall in 2026
The Republican party is heralding its new tax legislation as a win for middle income Americans. But the most substantial tax ...
Taxpayers Should Beware the Costly SALT Cap Phaseout Zone
It may end up better to jettison the whole SALT apparatus and settle for the standard deduction.
Trump's ‘big beautiful bill' passes SALT deduction limit of $40,000. Here's who benefits
President Donald Trump’s “one big beautiful” bill raises the “SALT” deduction cap to $40,000. Here’s who will benefit.
Who stands to benefit from the new SALT cap? High-earning homeowners in high-tax states.
Homeowners in New Jersey, New York, Connecticut, and California are poised to gain the most from the new SALT deduction in President Trump's tax law.
SALT deduction will do 'nothing for 90% of US taxpayers,' economists say
The SALT deduction cap is proving to be a major sticking point between House and Senate Republicans. Experts say expanding the cap will largely benefit wealthy American taxpayers.