President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025. Here's how that could impact your tax return this season.
Here’s what’s new for the 2025 tax returns, even if nothing changed, there are several changes to various deductions for filing a return.
The tax bracket income levels for 2026 are increasing by 2.3% and new tax breaks could allow you to keep more take-home pay.
As homeowners across the U.S. prepare to file their taxes this season, they may be wondering what deductions they qualify for and whether it's worth itemizing or sticking with the standard deduction.
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