President Donald Trump’s “One Big Beautiful Bill” quadruples the state and local tax (SALT) deduction cap to $40,000. Sounds ...

Trump’s OBBBA raises the SALT deduction limit, but most taxpayers won’t see gains. Here’s how the change works and who truly ...

Roth conversions and capital gains could disqualify high earners from Trump's $40,000 SALT deduction. Here's how to avoid the ...

President Trump's 'One Big Beautiful Bill' promises a temporary increase in the SALT deduction cap, but the benefits are narrowly targeted. While high-income earners in high-tax states may see relief, ...

Roth conversions and capital gains could disqualify high earners from Trump's $40,000 SALT deduction. Here's how to avoid the ...

In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers five questions on changes to the ...

Now that the 2025 federal tax bill has been signed into law, it’s appropriate to revisit one of its most news-making elements: the federal deduction for state and local taxes (SALT). The new SALT ...

Discover how Rochester businesses can benefit from 100% bonus depreciation and expanded Section 179 expensing under the new ...

The passage of the One Big Beautiful Bill Act (OBBBA) in July brought certainty to individual taxpayers. Had new legislation not been passed and signed into law, many of the key tax breaks in the Tax ...

The OBBA temporarily increases the SALT deduction cap from $10,000 to $40,000 beginning in 2025. In 2026, the cap increases ...

During the negotiations over President Donald Trump's signature tax and spending bill this year, one of the most contentious issues was the state and local tax deduction, or SALT. By letting people ...