The proposed expansion of the SALT deduction primarily benefits high-income households in states with high taxes, such as ...

Senate Republicans passed changes to the federal deduction for state and local taxes, known as SALT. Here's how the SALT ...

Happy Birthday, America! Just in time for the Fourth of July, the nation is on the cusp of passing historic tax ...

Taxpayers earning $1 million or more are expected to see a boost in after-tax income of about 3% under the One Big Beautiful ...

President Donald Trump has promised that the “big, beautiful bill” passed by the Senate and being considered by the House of ...

The Senate passed its version of the One Big Beautiful Bill Act. The bill contains many tax provisions beyond extending ...

Small businesses make up 99.9% of all American businesses, but they are too often ignored in Washington, and the debate around the One Big Beautiful Bill Act is no exception. While there has been ...

Small businesses benefit from the 'One Big, Beautiful Bill Act' which prevents tax hikes, incentivizes American manufacturing ...

The property tax deduction is great for homeowners. Here's how it works in 2024 and 2025 and what you can do to save money.

Tax deductions are subtracted from your taxable income, thereby lowering the amount of tax you owe. You can choose the standard deduction or itemize your deductions on Schedule A of Form 1040 or ...

If the deduction cap rises, at least eliminate the state workarounds.

An overview of interest deductibility rules, common types of business loans, and the risks associated with nontraditional ...