Will the standard deduction increase cut taxes on Social Security benefits? For context, the estimated average monthly Social ...

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...

Prior to the Tax Cuts and Jobs Act (“TCJA”), there was no direct limitation on an individual taxpayer’s deduction of his or ...

The recent tax and spending bill passed by the U.S. House aims to make Trump's 2017 tax cuts permanent, introducing ...

As the 2026 tax landscape begins to take shape under President Trump's newly released budget proposal, one key question has emerged for millions of retirees: will Social Security i ...

The House of Representatives just approved a tax bill that could raise the State and Local Tax (SALT) deduction cap for some ...

State and local taxes you pay are deductible if you itemize on your federal income tax return. But the Tax Cuts and Jobs Act of 2017 capped the state and local tax (SALT) deduction at ...

President Trump’s bill to cut taxes and spending centers on an extension of his previous round of tax cuts, which Republicans ...

New tax cuts. Massive spending on border security. Cuts to social safety net programs. Pullbacks on investments to fight ...

The state and local tax deduction can only be taken on the federal income tax return by those who itemize their deductions, ...