President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025. Here's how that could ...
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 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules ...
The passage of the OBBBA made Trump's tax break promises a reality. While many taxpayers will realize benefits, one group is ...
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Tax tip: 2025 SALT tax deduction
CNBC’s Sharon Epperson explains changes in the deduction for state and local taxes. For more Tax Tips, go to ...
The Internal Revenue Service anticipates receiving some 164 million individual income tax returns as Americans digest the ...
The standard deduction for single taxpayers increased to $15,750 for tax year 2025. It also increased to $23,625 for the head ...
The standard deduction and SALT cap are both higher and there are new perks for seniors, those who financed new cars and ...
Property taxes and sales taxes can outweigh the savings from no state income tax, especially for retirees on fixed incomes.
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