New $40,000 Tax Break Could Benefit Millions of Homeowners
A new law increases the state and local tax (SALT) deduction to $40,000 for 2025, offering major tax savings for millions of homeowners.
#Tax Deduction#Personal Finance#SALT Deduction
#SALT Deduction
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New SALT Tax Cap Proposal Could Save CA Homeowners Thousands
A proposal to raise the federal SALT deduction cap to $40,000 could offer major tax relief, with nearly 75% of California homeowners potentially benefiting.
#Tax Policy#California#Real Estate