by Angad Singh, JD, LLM | Dec 18, 2025 | Accounting, OBBBA, State & Local Tax (SALT), Taxation
The 2025 tax reset brings significant changes to the state and local tax (SALT) deduction and renewed importance to pass-through entity tax (PTET) planning for business owners. While the SALT cap increases to $40,000 for 2025, limitations and income-based phaseouts...