SALT Deduction Expansion 2025 — Understanding Trump’s $40,000 Tax Rule Change
In a major shift for U.S. taxpayers, the State and Local Tax (SALT) deduction restriction is set to increase from $10,000 to $40,000 below a brand new tax policy alternate subsidized by way of the Trump administration and Republican lawmakers. This adjustment, predicted to take effect in 2026, marks one of the most big changes … Read more