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Republicans’ deal on SALT deduction has changed again. How would it impact you?
Republican lawmakers in the House appeared to have reached a new agreement late Tuesday on the state and local tax deduction, ...
These High Tax States Could Benefit the Most From Higher SALT Deduction
Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...
What is Trump's deal with SALT? Here's how the new state and local tax deductions in US President's tax bill would impact you
A U.S. House bill proposes raising the federal deduction cap for state and local taxes (SALT) to $40,000, potentially ...
What is the SALT cap, and how does it impact California taxpayers?
Breaking that out more, 20% of taxpayers in California’s 40th Congressional District — represented by Kim, it covers eastern ...
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How change in tax deductions could impact Illinois
The version passed by the House increases that deduction limit to $40,000. The increase was a big point of contention for ...
Californians could get bigger state, local tax deductions. Why that matters
Some congressional lawmakers are trying to lift Trump-era caps on state and local tax deductions as part of the new ...
Who benefits most from the state and local tax deduction and why raising the cap is contentious
Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers.
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SALT vs. SNAP: What New York lost and won in ‘One Big Beautiful Bill’
The U.S. House of Representatives passed the “One Big Beautiful Bill Act” by a slim 215-214 vote on Thursday, igniting a sharp divide across New York regarding its impact on health ...
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Some homeowners could get a fat deduction under the new GOP tax bill. Here's what to know.
The SALT deduction cap was introduced by Mr. Trump ... a University of Pennsylvania nonpartisan group that analyzes the fiscal impact of policy. That adds to the cost of a bill that has been ...
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A $40,000 SALT Cap Would Be a Boon to Homeowners Living in the U.S.’s Priciest Cities
SALT allows taxpayers to deduct state and local taxes, including property tax, from their federal tax bill if they itemize ...
House GOP tax bill calls for ‘SALT' deduction cap of $30,000 for most taxpayers. Here's who could benefit
The proposed House GOP tax bill raises ‘SALT’ deduction cap to $30,000 for most taxpayers. Here’s who would benefit the most, ...