SALT Deduction Jumps to $40,000: Planning Strategies for High-Tax States
The OBBBA Act increases the SALT deduction cap to $40,000 through 2029. Learn about the new limits and phase-out rules.
John C Thompson, EA
Tag: SALT Deduction
2 posts
Historic Tax Changes Are Here: The Greatest Hits from H.R.1 / One Big Beautiful Bill Act
Comprehensive analysis of H.R.1 (One Big Beautiful Bill Act) tax provisions including permanent TCJA extensions, new business deductions, and family benefits for 2025 and beyond.
John C Thompson, EA