Is the SALT deduction cap going away in 2026? No. Federal courts continue to uphold the SALT deduction cap, with a New Jersey federal court dismissing another constitutional challenge in May 2026. But there is relief: the One Big Beautiful Bill raised the cap from $10,000 to $40,000 beginning in 2025, with a 1% annual…
What are the California FTB 2026 tax updates? The California FTB 2026 tax updates include SB 711’s change to California’s IRC conformity date, new Pass-Through Entity (PTE) elective tax add-back rules, an expanded California Competes Tax Credit, and a new online tool to verify submitted tax returns — all detailed in FTB’s March 2026 Tax…
Frustrated by the $10,000 SALT Cap? Discover the powerful, temporary tax strategy that S-Corp and LLC owners are using to bypass this limit and potentially save thousands on their federal taxes. Are you a successful business owner, maybe running an S-Corp or LLC in a high-tax state like California, New York, or New…
