The proposed fiscal package by former President Trump offers a significant tax relief for seniors, with an additional ...

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 ...

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 ...

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

The proposed House GOP tax bill raises ‘SALT’ deduction cap to $30,000 for most taxpayers. Here’s who would benefit the most, ...

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 ...

A qualified widow or widower is a surviving spouse who may file an individual tax return using the married filing jointly tax rates and standard deduction for up to two tax years. What Is a ...

A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know ...