President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025. Here's how that could ...

Changes to the state and local tax (SALT) deduction in the so-called 'big beautiful bill' have put this tax break in the ...

Many taxpayers will itemize deductions again on their 2025 federal tax return due to changes affecting the SALT deduction (State and Local Tax deduction). In this clip, we explain why ...

The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...

The One Big Beautiful Bill Act (OBBBA), passed in mid 2025, reshapes how many families will file their 2025 taxes.

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 ...

CAPITOL HILL — The cap on a deduction for state and local taxes must be permanently removed, members of the New York delegation to Congress told then-President-elect Donald Trump on the day before his ...

Many Americans will see bigger refunds and new deductions, while others may be revisiting the dreaded alternative minimum tax ...

As Senate Republicans debate trillions of tax breaks advanced by the House, some business owners could be blocked from part of the proposed windfall, policy experts say. Stream Los Angeles News for ...

The average taxpayer is expected to get a bigger refund this tax season under President Donald Trump’s “One Big Beautiful Bill Act,” which allows many people to claim bigger deductions or avoid paying ...

A recent article reported on a study that claimed the federal tax bill passed last year would unduly favor wealthy Connecticut towns and taxpayers. Statistics were provided that showed billions in tax ...