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 ...

Many people will be thrilled to see larger-than-usual federal income tax refunds — some may end up $500 to $1,000 bigger than ...

The 2026 tax season kicks off this week as the Internal Revenue Service begins accepting the first of what is expected to be ...

The 2026 tax filing season is underway, and major changes approved by Congress last year could mean larger refunds for many ...

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 ...

As Senate Republicans debate trillions of tax breaks advanced by the House, some business owners could be blocked from part of the proposed windfall, policy experts say. Stream Connecticut News for ...

A recent article reported on a study that claimed the federal tax bill passed last year would unduly favor wealthy Connecticut towns and taxpayers. Statistics were provided that showed billions in tax ...