News

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 federal state and local sales tax (SALT) deduction cap is higher this year, and could translate into bigger savings for ...
Mikie Sherrill is running for Governor of New Jersey for the Democrats and says she wants to lower taxes and make the Garden State more ...
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 ...
A new provision in the House tax plan would significantly increase the State and Local Tax (SALT) deduction cap from the ...
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.
The Republican party is heralding its new tax legislation as a win for middle income Americans. But the most substantial tax ...
The landmark “Big Beautiful Bill” that President Donald Trump signed on July 4 will affect the finances of hundreds of thousands of New Jerseyans.
It may end up better to jettison the whole SALT apparatus and settle for the standard deduction.
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.
President Donald Trump’s “big beautiful bill” raises the SALT deduction cap to $40,000. Here’s who will benefit.