💰 Big update for taxpayers this year! The State and Local Tax (SALT) deduction—originally capped at $10,000 under the 2017 Tax Cuts and Jobs Act (TCJA)—has finally been expanded. 📈 This cap limited how much you could deduct for property taxes, state income taxes, and certain local taxes on your federal return. For years, that $10K ceiling has prevented many filers from benefiting fully from itemizing. The new tax law raises that limit, offering meaningful relief to households with higher prope

4 comments | We just made your 2017 tax return even easier! Thank your future self at tax time by saving your receipts straight to your 2017 tax return with our new 'add deductions' feature! | Etax Accountants | Facebook

Trump will try to extend his 2017 tax cuts this year. When — and how — that happens is up in the air.