Rep. Mike Lawler came to Yorktown Friday, August 1, to take a victory lap on his advocacy for a raise in the cap on the ...

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

The "One Big, Beautiful Bill" increases two significant tax deductions, but cuts clean energy tax credits for the 2025 tax ...

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

Thanks to the One Big Beautiful Bill ACT (OBBBA), some taxpayers can now take greater advantage of the state and local tax ...

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

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

The One Big Beautiful Bill Act is temporarily quadrupling the state and local tax deduction to at least $40,000, up from $10,000, for the next five years. Now it’s up to taxpayers to see if they can ...

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 2017 tax cuts that lowered the SALT deduction to $10,000 also doubled the standard deduction. Around 10% of taxpayers itemize now, and they are usually relatively wealthy.

The 2017 tax cuts that lowered the SALT deduction to $10,000 also doubled the standard deduction. Around 10% of taxpayers itemize now, and they are usually relatively wealthy.

Andrew Keshner Home prices could creep up in high-tax areas as more buyers seek to benefit from the SALT deduction President Donald Trump's new tax law creates both winners and losers - and ...