As a homeowner, you know that your taxes can get complex. Now, with the One Big Beautiful Bill Act (OBBBA) signed into law, you may be wondering what changes you ...
President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025, up from $10,000 in 2024. The cap reverts to $10,000 in 2030, which leaves five years to leverage ...
Americans filing their taxes in 2026 are likely to see a significant boost in their bank accounts. Experts and federal officials are projecting record-breaking tax refunds this spring, fueled by the ...
A version of this article originally appeared on eidebailly.com. On July 4, 2024, President Trump signed into law major tax legislation that will materially affect both individuals and businesses.
As debates ramp up for President Donald Trump's policy agenda, changes to a key tax provision could benefit higher earners, experts say. Stream Connecticut News for free, 24/7, wherever you are.
House Republicans are calling for a higher limit on the deduction for state and local taxes, known as SALT, as part of President Donald Trump's tax and spending package. The House Ways and Means ...
A substantial and surprising surge in the marginal tax rate for select high-income earners due to the phaseout of the state and local tax (SALT) deduction is now being referred to by wealth managers ...
The 2017 Tax Cuts and Jobs Act fundamentally reshaped the federal tax landscape. One of its most controversial provisions was the imposition of a $10,000 cap on the deductibility of state and local ...
Forbes contributors publish independent expert analyses and insights. I write about your wealth and wellbeing during and after divorce. Taxes touch every family in all formats - single, married, ...
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