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This school choice measure means that even taxpayers who do not participate are in effect contributing to private and ...
Several provisions of Trump's bill are poised to be retroactive to 2025 or take effect in 2026, and they may shift how ...
The president’s tax bill brings charitable write-offs ‘above the line,’ allowing even filers who use standard over itemized ...
On "The Florida Roundup," PolitiFact chief correspondent Louis "Lou" Jacobson breaks down changes to the taxation of Social ...
President Donald Trump signs his signature bill of tax breaks and spending cuts at a July 4 ceremony at the White House.
The new tax law hiked the SALT deduction cap to $40,000. That’s good news for taxpayers in high tax states, but it’s a ...
The One Big Beautiful Bill (OBBB) maintains the current seven tax brackets and makes several 2017 tax cuts permanent. New deductions include those for tip income, overtime pay, charitable donations ...
A gambling losses tax deduction cap in Trump’s “big beautiful bill” is causing an uproar. Here’s what you need to know.
What the deduction does is all in the name. It allows taxpayers to deduct what they owe in state and local taxes from their federal income taxes. The OBBBA raises the cap on how much taxpayers can ...
While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...
Reinstated mortgage insurance premium deductibility and a higher cap on state and local tax deductions could change whether ...
A new $6,000 tax break for Americans aged 65-plus could offer relief, but some may see little benefit. Here’s who will ...
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