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 ...

The SALT deduction allows taxpayers who itemize their federal returns to deduct certain taxes paid to state and local ...

Both parties are planning to make the sweeping tax cut and spending measure an issue in this year’s gubernatorial races in ...

The federal state and local sales tax (SALT) deduction cap is higher this year, and could translate into bigger savings for ...

The landmark “Big Beautiful Bill” that President Donald Trump signed on July 4 will affect the finances of hundreds of ...

Bergen County's highest average property taxes ranged from $19,297 to $24,736, while Passaic County's ranged from $11,007 to ...

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 ...

It may end up better to jettison the whole SALT apparatus and settle for the standard deduction.

The Republican party is heralding its new tax legislation as a win for middle income Americans. But the most substantial tax ...

A new $6,000 tax break for Americans aged 65-plus could offer relief, but some may see little benefit. Here’s who will ...

Rep. Mikie Sherrill (D-Montclair), this year’s Democratic nominee for governor, has spent months warning about how bad the One Big Beautiful Bill, signed ...

The One Big Beautiful Bill Act, recently signed into law by President Donald Trump, contains some measures that could help ...