The One Big Beautiful Bill Act temporarily raises the SALT deduction limit, offering potential tax savings of thousands of ...
Taxpayers should prepare for major tax-policy shifts this year. Forbes’ expert contributors explain how — and when — key rule ...
The standard deduction and SALT cap are both higher and there are new perks for seniors, those who financed new cars and ...
The new tax bill also temporarily raises the cap on the state and local tax (SALT) deduction to $40,000, up from $10,000. The ...
A sweeping federal law passed last year could have impacts on 2025 tax returns for millions of American taxpayers.
This article was originally written and published here and submitted by John-Mark Young to Richland Source for publishing. It was July 4th, 2025. I happened to be down in Orlando, Florida, near one of ...
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 ...
It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful ...
While many households will see higher refunds this year, they may be far smaller than promised and offset by higher tariffs ...