The One Big Beautiful Bill Act is temporarily quadrupling the state and local tax deduction to at least $40,000, up from ...

President Donald Trump’s "big beautiful bill" raises the SALT deduction cap to $40,000. Here's who will benefit.

Trump’s "big beautiful bill" includes a temporary $40,000 SALT deduction cap. But the phaseout could trigger a tax surprise ...

Senate Republicans passed changes to the federal deduction for state and local taxes, known as SALT, on Tuesday, a crucial ...

The new GOP tax law quadruples how much people can deduct in state and local taxes off their federal returns, offering significant relief to high earners in many Democratic-led states by partially ...

The 'Great Beautiful Law' temporarily raises the SALT deduction cap to $40,000 starting in 2025, offering relief to many taxpayers. However, a phaseout mechanism could lead to higher effective tax ...

The Trump tax bill raises the SALT deduction cap to $40,000 by 2025—but the real winners are high earners in high-tax states.

Trump met with the SALT Republicans and sent them away to find a "fair number," indicating he is in favor of an increase on the cap rather than an outright removal.