News

A higher cap on the deduction for state and local taxes is one element of Trump’s Big Beautiful Bill that Gov. JB Pritzker ...
The One Big Beautiful Bill Act (OBBBA) made plenty of changes to the tax law. If you earn six figures, watch out for these ...
The SALT deduction allows taxpayers who itemize their federal returns to deduct certain taxes paid to state and local ...
Considering the most negatively impacted states by President Donald Trump's "Big Beautiful Bill" are those with high-poverty ...
A new federal tax law reshapes the financial landscape for U.S. households—but not all states are affected equally. Here’s who comes out ahead.
President Donald Trump signed the One Big Beautiful Bill Act into law from the White House this month, and the central ...
A new tax overhaul offers larger child credits and standard deductions, but many upper-middle-class earners may end up with ...
Trump’s "big beautiful bill" includes a temporary $40,000 SALT deduction cap. But the phaseout could trigger a tax surprise for some higher earners.
Trump met with the SALT Republicans and sent them away to find a "fair number," indicating he is in favor of an increase on the cap rather than an outright removal.