An Indiana bill would address some concerns that were raised around 2025's Senate Enrolled Act 1, which created questions about local government credit quality.
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 ...
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 ...
Hawaii taxpayers stand to receive dramatically stunted financial savings under a plan by Gov. Josh Green to cancel future ...
The key change concerns how corporations expense research and experimentation (R&E) costs. Prior to the passage of the One Big Beautiful Bill, corporations were spreading this deduction, or amortizing ...
Overall, the theme seems to be taxing upper-income earners more and then using that money either for programs that benefit lower-income earners or for tax breaks aimed at specific groups.
Several new tax deductions are available this year but they're not automatic. The IRS will start accepting tax returns on Monday, Jan. 26. Here's how to check the status of your refund, which many are ...
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, ...
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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