Tax Relief with Logan Allec, CPA

One Big Beautiful Bill Act: New $40,000 SALT Cap EXPLAINED by a CPA

Logan Allec

Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.

0:00 | 11:06

The One Big Beautiful Bill Act that President Trump is expected to sign later today will increase the cap on the itemized deduction for SALT (state and local taxes) from $10,000 to $40,000! In this video, I get into:

  • When the new $40,000 SALT cap goes into effect

  • How the limitation on the SALT cap based on income works

  • What the annual increase in the SALT cap works

  • When this increased cap sunsets


#onebigbeautifulbill #taxes #taxtips