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 One Big Beautiful Bill included sweeping tax law changes. Here are several key changes individual taxpayers need to know ...

New tax law increases Child Tax Credit to $2,200 and raises SALT deduction to $40,000 for married couples, potentially ...

The SALT deduction is only available to taxpayers who itemize their deductions rather than claiming the widely used standard deduction The decision on whether to take the standard deduction or itemize ...

CNBC’s Sharon Epperson explains changes in the deduction for state and local taxes. For more Tax Tips, go to ...

On July 4, 2025, President Donald Trump signed the reconciliation bill, known as the “Big Beautiful Bill” (“BBB”), which covered many of his campaign promises. This reconciliation, centering upon ...

It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful bill" may affect how they file.

The SALT deduction, which was temporary under the OBBBA Act, raised it from $10,000 to $40,000 if your income is under $500,000. The new senior deduction is a $6,000 deduction you get just for being ...

Tax season is officially here and, with it, a whole slew of new tax rules. The recently passed “One Big Beautiful Bill” Act ...

LONG BEACH, CALIFORNIA, UNITED STATES, July 13, 2023/EINPresswire.com/ -- The State and Local Tax (SALT) deduction impacts the financial strategies of businesses and ...

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 ...