President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025. Here's how that could ...
The One Big Beautiful Bill Act raises the SALT deduction cap starting in 2025, potentially increasing tax refunds for many ...
The state and local tax deduction is a federal income tax provision that allows taxpayers who itemize deductions to subtract certain state and local taxes — chiefly income, property and sales taxes — ...
New IRS rules for 2026 raise the standard deduction and adjust brackets, putting more money back in your pocket through lower ...
Red White and Blue Tax Services, a tax preparation and advisory firm specializing in small business tax planning, equity compensation tax strategy, and year-round advisory for business owners and ...
The passage of the OBBBA made Trump's tax break promises a reality. While many taxpayers will realize benefits, one group is ...
The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...
The 2026 tax season kicks off this week as the Internal Revenue Service begins accepting the first of what is expected to be ...
The Democrats' plan to increase the federal deduction for state and local taxes, known as SALT, may be in peril as Build Back Better stalls. Sen. Joe Manchin, D-W.Va., on Sunday said he won't vote for ...
CAPITOL HILL — The cap on a deduction for state and local taxes must be permanently removed, members of the New York delegation to Congress told then-President-elect Donald Trump on the day before his ...
For those trying to anticipate what's different, here are tax changes that could affect you this year and might even retroactively affect your 2025 taxes.