President Donald Trump's "big beautiful bill" enacted trillions in tax breaks. But residents in certain states and counties could see a bigger benefit.

Progressives reflexively denounce tax cuts and spending cuts as “giveaways to the wealthy” or “stealing from the poor.” So, ...

Real estate investors in the U.S., especially those who invest in short-term rental properties, received a gift when the ...

The sprawling new tax law includes a number of provisions that present opportunities for accountants and tax professionals to ...

The state and local tax (SALT) deduction lets taxpayers write off certain state and local taxes from their federal taxable income. Under the One Big Beautiful Bill Act, signed into law by President ...

The Second Circuit rejected arguments by several States who challenged updated regulations that would prohibit many of SALT ...

While this deduction primarily impacts homeowners and high-income taxpayers in states with higher taxes, changes to the SALT cap can also have ripple effects on inheritance planning. If you’re set to ...

Roughly 2.3 million Pennsylvania retirees are expected to benefit from a new federal deduction that exempts most Social ...

Trump’s spending bill includes cuts to Medicaid, food assistance and more. But it also increases a federal tax credit that ...

The recently passed One Big Beautiful Bill Act added a sweeping array of provisions affecting individuals as well as ...

NewHomeSource reports on the 'Big Beautiful Bill,' impacting homebuyers with mortgage tax deductions, SALT cap increases, and ...

SALT, which can be claimed by taxpayers who itemize their deductions, is why the very rich get less of a break in California ...