A new law raising the SALT deduction cap from $10,000 to $40,000 is poised to ease the tax burden on thousands of New Jersey ...

The SALT deduction allows taxpayers who itemize their federal returns to deduct certain taxes paid to state and local ...

The federal state and local sales tax (SALT) deduction cap is higher this year, and could translate into bigger savings for ...

President Donald Trump's recent spending bill introduces a significant change to the State and Local Tax (SALT) deduction, raising the cap from $10,000 to $40,000. This adjustment promises substantial ...

The landmark “Big Beautiful Bill” that President Donald Trump signed on July 4 will affect the finances of hundreds of ...

Bergen County's highest average property taxes ranged from $19,297 to $24,736, while Passaic County's ranged from $11,007 to ...

It may end up better to jettison the whole SALT apparatus and settle for the standard deduction.

New York and New Jersey's combined congressional delegations should unite around a single goal: Restoring the SALT deduction NJ Ballet, Totowa Car Show, live music, art exhibits, more: Things to ...

But when the State and Local Tax (SALT) deduction cap was instituted as part of Trump’s tax bill, New Jersey’s ability to keep making those key investments was threatened.

In the latest episode of the long-running soap opera over the state and local tax deduction, the New Jersey delegation to the House framed removing the current deduction limit of $10,000 as COVID ...

Many New Jersey and New York members of Congress ran for election promising to fully restore the SALT deduction. Come January, they can make good on that promise by withholding their support for ...