Analysts say repealing the 2017 measure that has increased federal taxes on Long Island is complex, uncertain.
New York pols who’ve devoted years to pounding SALT have ignored tax-cutting TCJA provisions the cap helped pay for. Those ...
Trump put the cap in place when president. It limits to $10,000 how much taxpayers can deduct on federal returns for state ...
Unlike most tax-policy disputes, the $10,000 cap on state and local tax deductions breaks along regional lines, not just ...
Donald Trump recently made headlines working a stint at a McDonald’s. Salty fries taste great, but otherwise he needs to pull ...
taxpayers who earned more than $100,000 claimed 91% of the tax benefit for the SALT deduction. That year, the average SALT deduction taxpayers claimed was $23,804 in New York and $5,451 in Alaska ...
Rep. D’Esposito will oppose Trump tax cuts' renewal unless SALT deduction is reinstated for Long Island homeowners.
get SALT back, lower your Taxes, and so much more. I’ll work with the Democrat Governor and Mayor, and make sure the funding is there to bring New York State back to levels it hasn’t seen for ...
I take President Trump at his word and will hold him accountable for his promise to eliminate the SALT cap,” said Rep. Tom ...
The $10,000 cap on state and local taxes (SALT) can increase the taxable income ... full name of the TCJA- many of my California and New York clients have seen their tax deductions severely ...
SALT stands for “state and local tax.” It refers to the ability of taxpayers to deduct those levies from their personal ...