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Find out what the latest SALT standoff could mean for your tax bill.
The federal deduction for state and local taxes (SALT) is back in the spotlight. Senate Republicans unveiled their tax plan Monday, leaving millions of Americans wondering what it means for their wallets. If you live in a high-tax state or own property, this political tug-of-war could significantly impact your tax bill. SALT helps you avoid double taxation on the same income.
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