The tax-and-spending bill includes several provisions that could have significant effects on your tax refunds come April – saving you hundreds of dollars in some cases, experts told The Post.
The SALT deduction also covers more than just your state income taxes. For instance, you can generally deduct state and local ...
The massive new tax law temporarily boosts the maximum amount you can claim under the state and local taxes (SALT) deduction to $40,000, from $10,000, starting in 2025. (For those who are married ...
The One Big Beautiful Bill brought several changes to personal income taxes. Learn what you need to know for the upcoming tax season.
The One Big Beautiful Bill Act, signed into law by Donald Trump on July 4, 2025, is set to reshape how millions of Americans experience the 2026 tax refund season. The law locks in many provisions of ...
Permanent tax cuts, a higher SALT deduction and new relief for seniors, families and small businesses may help ease rising ...
Stream Los Angeles News for free, 24/7, wherever you are. When you itemize tax breaks, you can claim the SALT deduction, which includes state and local income taxes and property taxes. Trump's 2017 ...
During the negotiations over President Donald Trump's signature tax and spending bill this year, one of the most contentious issues was the state and local tax deduction, or SALT. By letting people ...
With major tax law changes from the new OBBBA, now is the time to align your business and personal strategies for maximum ...
New 2025 tax law locks in lower rates, boosts deductions, and reshapes SALT, senior, worker and business breaks. See what to do before year-end to cut your bill.
Are you paying hefty state income taxes or property taxes? Before the passage in 2017 of a major tax law—dubbed the Tax Cuts and Jobs Act—you may have itemized deductions and gotten a write-off for ...