The House wants to raise the SALT deduction cap, which would help wealthy Californians pay less in federal taxes. The Senate wants to keep it where it is.

A tax deduction reduces your taxable income and how much tax you owe. You can itemize your deductions or take a fixed amount with the standard deduction.

Jackson County lawmakers passed an ordinance capping tax increases on short-term rentals at 15% and blocking commercial reclassification for 2025.

The IRS caps SALT deductions at $10,000 since 2018, affecting both single and joint filers.

Rent increases could affect your wallet in Sumner County after a change in how the county views rental properties.