2025 Taxes: Don't make this mistake with SALT deductions скачать в хорошем качестве

2025 Taxes: Don't make this mistake with SALT deductions

www.advantagethroughaccounting.com If you’ve been hearing about the new SALT deduction rules for 2025, this video breaks down what actually changed—and what you should be doing about it before you file. For years, the federal deduction for state and local taxes was capped at $10,000. Starting in the 2025 tax year, that cap has been temporarily increased, which could significantly change whether itemizing deductions makes sense again for many taxpayers The new rules are currently scheduled to run for several years before reverting back, which means the planning window is real—but temporary. () If you pay significant property tax, state income tax, or run income through pass-through entities, this is one of the biggest deduction shifts in years and worth a second look. (As always, your actual benefit depends on income, filing status, and whether itemizing beats the standard deduction. #SALTdeduction #TaxPlanning #TaxStrategy #RealEstateTaxes #ItemizedDeductions #TaxTips #BusinessOwners #FinancialPlanning #TaxChanges2025 #SmallBusinessTaxes