President Donald Trump ’s ‘big beautiful bill’ delivers a temporary higher limit on the federal deduction for state and local ...

For the next five years, there will be a much more generous state and local tax deduction available to federal income tax filers, thanks to the recently enacted mega tax-and-spending-cuts law.

Changes to the state and local tax (SALT) deduction in the so-called 'One Big Beautiful Bill' have this tax break in the ...

After years of debate, the U.S. House of Representatives passed a bill that raises the cap on the state and local tax ...