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

The recent passage of the 'Big Beautiful Bill Act' by the U.S. House, backed by President Trump, increases the standard ...

House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.

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

Susan is blind; Jim is not. For 2024, they’ll get the regular standard deduction of $29,200 for a married couple filing jointly. They also both get an additional standard deduction amount of $ ...

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

For the 2023 tax year (for forms you file in 2024), the standard deduction is $13,850 for single filers and married couples filing separately, $27,700 for married couples filing jointly and $ ...

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

For tax year 2024, the standard deduction is $29,200 for married couples filing jointly and $14,600 for single taxpayers and married individuals filing separately. Married taxpayers who are 65 and ...

The standard deduction for tax year 2024 is $14,600 if you're single or married filing separately, $21,900 for head of household, and $29,200 for married couples filing jointly or qualifying ...

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 ...