The SALT Deduction Cap Is Due to Expire. How Taxpayers Can Prepare for What’s Next.
Whether the deduction limit is raised, eliminated or extended, there are steps taxpayers can take to minimize their tax burden.
Hasnain says:
as someone joked, why file taxes early if they might abolish the IRS?
“It isn’t clear how the SALT deduction cap will play out this year, but one of three scenarios will occur: it’s modified, allowed to expire, or is made permanent. “
Posted on 2025-03-05T05:01:11+0000