11/14/2025
https://www.kathrynbrunscpa.com/post/more-details-on-the-new-state-and-local-tax-salt-cap-of-40-000
I'd like to do a deeper dive on another popular new tax provision. Here's the background:About 6 years ago, there were several tax law changes. One of them was to limit the Schedule A (itemized deductions) state and local tax deduction to $10,000. This helped cause many taxpayers who previously used...