The 'Great Beautiful Law' temporarily raises the SALT deduction cap to $40,000 starting in 2025, offering relief to many taxpayers. However, a phaseout mechanism could lead to higher effective tax ...

The Trump tax and spending plan is now law. At nearly 900 pages, there is plenty to absorb – and even something for everyone, ...

Tax rules change all the time. What worked last year might not work this year. If you’re still following old tax advice, you could be missing out or even making mistakes. The tax code for 2025 looks ...

Assessing the new over-65 deduction and its implications for Social Security taxation, as well as new rules for charitable ...

Democrats and Republicans agree that any big bill will include something they hate, including the ones on which they vote ...

The 'One Big Beautiful Bill Act' by President Trump temporarily raises the SALT deduction limit to $40,000, offering potential tax relief for homeowners. But who stands to gain the most from this ...