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Who will — and won’t — benefit from the bigger SALT deduction
siliconvalley.com/2025/07/11/who-will-and-wont-benefit-from-the-bigger-salt-deduction
By Jeanne Sahadi, CNN
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.
The new law lifts what had been a $10,000 cap to $40,000 for tax year…
This story appeared on siliconvalley.com, 2025-07-11 18:00:31.