Many people will be thrilled to see larger-than-usual federal income tax refunds — some may end up $500 to $1,000 bigger than ...
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.
Homeowners are rightfully concerned that tax refunds may be delayed due to the government shutdown—but that might not be the problem.
Americans are getting bigger-than-usual tax refunds this year, with an estimated $90 billion to $100 billion increase in ...
What is the standard deduction? Most taxpayers claim the standard deduction, a fixed amount you can deduct to reduce your taxable income and lower your federal tax bill. Unlike itemized deductions, ...
(NewsNation) — Tax filing season opens Jan. 26, the day the Internal Revenue Service begins accepting tax returns. As a taxpayer, you pay tax as a percentage of your income in layers called tax ...
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