Livingston, NJ – Seth Kamens, Managing Member at Kamens & Associates was recently featured in a NJ.com article, “The SALT Deduction Grew. Is it a boon or boondoggle for N.J. taxpayers?” by Karen Price Mueller.
Kamens and Mueller discussed the changes to the SALT deduction plan over recent years. The SALT deduction was unlimited until 2017, when it was capped to $10,000. This year’s One Big Beautiful Bill Act (OBBBA) amended the limit to $40,000 for married taxpayers and singles, and $20,000 for married taxpayers who file separately.
Kamens pointed out that many New Jersey residents who file for taxes in 2025 will not see the notable changes they were anticipating. “Unless your property taxes and your (state tax) withholding are significant, you’re not going to see a massive change.”
Kamens also discussed who the SALT deduction will benefit. He explained, “(The higher SALT deduction) isn’t going to help lower incomes. It’s not going to help the rich…The value is really for people in the higher upper middle class.” He estimated that those who earn between $250,000 and $500,000 will be in the best position.
To read the article, please click here: https://bit.ly/47OwcQm For more information on the firm, please contact Seth Kamens at [email protected] .
ABOUT SETH KAMENS:
Seth Kamens is the Managing Member of Kamens & Associates, and a New Jersey and New York Certified Public Accountant. His education and work experience in financial services, accounting and entrepreneurial endeavors uniquely qualifies him as an ideal resource for closely held businesses, startups, and established firms.
As a CPA and former financial advisor, Seth brings a powerful and diverse background to help clients achieve both their short-term and long-term financial goals.
Always interested in promoting the industry, Seth has spoken about CPA and entrepreneurship to students at St. Peters College, Jersey City, NJ.
Prior to starting Kamens & Associates, Seth worked at several well-known New York City firms, such as Morgan Stanley, Merrill Lynch, Deloitte, and Cohn, with an accentuation on tax and financial planning. He holds an MS in Accounting from Pace University, an MBA from George Washington University with a joint focus in Finance and International Business, and a BA from the University of Maryland.
ABOUT KAMENS & ASSOCIATES:
Since 2012, Kamens & Associates has been helping individuals, families, and businesses make smarter financial decisions. Based in Livingston, NJ, with additional offices in North Arlington, NJ, we’re a full-service accounting, consulting and tax firm that believes in relationships over transactions. We believe in “our strength, your numbers…”
Our team offers hands-on support in everything from tax planning and bookkeeping to IRS resolution, estates and trusts, and startup consulting. We don’t just crunch numbers, we help clients see the big picture, plan ahead, and feel confident in their next steps.
At Kamens & Associates, we aim to be the first call when a financial question comes up. We’re proactive, thoughtful, and genuinely invested in the people and businesses we serve. Accounting isn’t just about compliance anymore, it’s about collaboration, clarity, and creating better outcomes.
We are proud members of the American Institute of Certified Public Accountants (AICPA) and the New Jersey Society of Certified Public Accountants (NJCPA)committed to delivering advice you can count on, year after year.
ABOUT NJ.COM:
NJ.com is the source for news and information about New Jersey, its businesses, and communities. Their newsroom places an emphasis on local news—what’s happening in New Jersey’s city halls, schools, and streets—as well as politics and government.
ABOUT NJMONEYHELP.COM:
NJMoneyHelp.com is a personal finance web site that provides answers to questions about money from New Jersey readers. The site offers a special section called Viewpoints, which are posts written by those in the industry, and they spotlight issues that are important to our state.
