Starting in 2025, the cap for deducting these taxes has been raised from $10,000 to $40,000. The caps are expected to be ...
A federal law created in 2017, called the Tax Cuts and Jobs Act, lowered federal income taxes in various ways. But most were ...
Year-end planning can significantly boost the benefits of new tax changes, helping taxpayers reduce liabilities and maximize deductions.
In this eighth installment of my multi-part series on the One Big Beautiful Bill Act (the “Act”), I discuss provisions of the Act that impact the taxation of worker moving expenses. [1] Historically, ...