Starting in 2025, the cap for deducting these taxes has been raised from $10,000 to $40,000. The caps are expected to be raised 1% every year through 2029, before reverting back to $10,000 in 2030.
Some of these perks don’t apply to investment properties, but that doesn’t necessarily mean you’ll have to pay more taxes for ...
Starting in 2026, the new deduction will enable the estimated 90% of household using standard deductions to get a deduction ...
As the implementation of the tax reforms draws closer, many Nigerians have continued to express concerns about specific provisions of the laws.
The holidays are the traditional time for giving as people look to spread holiday cheer and get tax benefits. Here's what you ...
Indiana tax expert Larry DeBoer said Gov. Mike Braun's hallmark tax law may squash growth in assessed value statewide through 2031, when key changes take full effect.
Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at five questions on the 20% tax ...
MARLBORO – The local Republican primary has turned bitter as rival factions vie for spots on the general election ballot for three seats on the township committee. Despite similar platforms - each ...