President Donald Trump ’s ‘big beautiful bill’ delivers a temporary higher limit on the federal deduction for state and local taxes, known as SALT. But the phaseout, or income-based benefit reduction, could trigger a tax surprise for some higher earners, experts say.

President Donald Trump’s "big beautiful bill" raises the SALT deduction cap to $40,000. Here's who will benefit.

Senate Republicans passed changes to the federal deduction for state and local taxes, known as SALT, on Tuesday, a crucial part of President Donald Trump’s “big, beautiful bill.” In the Senate’s version of the reconciliation bill,