Trump's legislation also reduces itemized deductions for certain taxpayers in the top, 37%, income tax bracket, which lowers the benefit of the bigger SALT cap for the highest earners.

The One Big Beautiful Bill cements TCJA tax cuts, expands child credit, adds senior and auto loan deductions, and raises SALT cap—some provisions expire after 2028 ...

Senate Republicans’ tax bill raises the “SALT” deduction cap to $40,000. Here’s who could benefit from the change.

Before 2018, the tax break — including state and local income and property taxes — was unlimited for filers who itemized deductions.

The IRS allows you to claim deductions that reduce the amount of tax you owe. Those deductions either are itemized deductions or standard — a flat rate.

Oregon Enacts Law Requiring Employers to Disclose Detailed Explanation of Payroll Codes, Itemized Deductions, and Pay Rates to Employees Upon Hire Justin Brown, Paul Cirner, Gilbert Cotto-Lazo Littler ...

The revised text would also reduce itemized deductions for certain taxpayers in the 37% income tax bracket, which could lower the benefit of the higher SALT cap.

House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.

The House GOP recently released a proposal to permanently extend the TCJA individual provisions. It would permanently repeal “Pease” and replace it with a new overall limitation on the tax ...

Other changes and limitations to itemized deductions would be made permanent, including the limitation on personal casualty losses and wagering losses and termination of miscellaneous itemized ...