President Donald Trump’s “big beautiful bill” raised the state and local tax deduction, known as SALT, to $40,000 for 2025. The change comes less than a decade after a cap was placed on this tax break for the first time in its history.
Here’s what the change means for taxpayers.
Author: CNBC
Go to Source
News post in September 16, 2025, 6:04 pm.
Visit Our Sponsor’s:
News Post In – News