Who Wins From Trump’s $40,000 SALT Deduction Limit Hike?
The new State and Local Tax (SALT) Deduction provisions, which will come into effect in 2025, have had a major impact on the US tax system. In the past, the limit of deductions under the SALT was restricted to 10000 dollars, but currently it is 40000 dollars. This was modified through One Big Beautiful Bill … Read more