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 ...

Mikie Sherrill is running for Governor of New Jersey for the Democrats and says she wants to lower taxes and make the Garden ...

The highest average property taxes in Morris County were in Mountain Lakes Borough at $22,996, while Sparta Township topped ...

A new provision in the House tax plan would significantly increase the State and Local Tax (SALT) deduction cap from the ...

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 ...

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

Speaker Johnson had to work with his tax-writing committee and several swing state members from New York, New Jersey, and California — all of whom say their promise to push for a hike in the SALT cap ...

The OBBBA now raises the SALT deduction cap to $40,000 and begins to phase out among taxpayers who earn over $500,000 in income, ... New York and New Jersey Sourced Income ...

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

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

New York homeowners are set to gain from a major SALT deduction overhaul, with the cap rising from $10,000 to $40,000. The ...

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