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President Donald Trump’s “One Big Beautiful Bill” quadruples the state and local tax (SALT) deduction cap to $40,000. Sounds ...
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DunlapSLK Explains How OBBBA’s New SALT Deduction Limits Could Reshape Your Tax Planning
The One Big Beautiful Bill Act (OBBBA) makes temporary changes to the federal deduction for state and local taxes (SALT), ...
Advisors are seeing more high net worth clients impacted by the so-called 'SALT torpedo'. Here's how they are dealing with it ...
The Tax Cuts and Jobs Act of 2017 (TCJA) temporarily reduced individual income tax rates, decreasing, for example, the top ...
Roth conversions and capital gains could disqualify high earners from Trump's $40,000 SALT deduction. Here's how to avoid the ...
Explícame on MSN
OBBBA tax plan: SALT deduction cap benefits only the richest 9%
Trump’s OBBBA raises the SALT deduction limit, but most taxpayers won’t see gains. Here’s how the change works and who truly ...
A major new tax law may feel like a stimulus check to many Americans. Discover 7 major tax changes in 2026 that could impact ...
In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers five questions on changes to the ...
Roth conversions and capital gains could disqualify high earners from Trump's $40,000 SALT deduction. Here's how to avoid 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 ...
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