Less SALT for Taxpayers to Subtract

Less SALT for Taxpayers to Subtract

Have you routinely itemized your federal tax deductions? In 2018, you may decide to take the standard deduction instead. One possible reason: the new limit on state and local tax deductions set by the federal government.    The SALT deduction is now capped at $10,000. The standard deduction is now $12,000 ($24,000 for a married […]