From “no tax on tips” to the $6,000 “senior bonus,” state lawmakers are integrating components of the One Big Beautiful Bill ...

Roughly 400,000 Utah retirees are expected to gain from a new federal tax deduction that eliminates Social Security income ...

Wondering how much Trump's tax cuts are going to save you? Here's what average New Jersey taxpayers can expect to save by ...

Progressives reflexively denounce tax cuts and spending cuts as “giveaways to the wealthy” or “stealing from the poor.” So, ...

Thanks to the One Big Beautiful Bill ACT (OBBBA), some taxpayers can now take greater advantage of the state and local tax ...

The state and local tax (SALT) deduction lets taxpayers write off certain state and local taxes from their federal taxable income. Under the One Big Beautiful Bill Act, signed into law by President ...

You may gain slightly in one area, only to lose it in another. For many, it’s not a tax break. It’s a tax reshuffle. Who really loses on Donald Trump's Big Beautiful Bill SALT Deductions/ Freepik ...

SALT, which can be claimed by taxpayers who itemize their deductions, is why the very rich get less of a break in California ...

THE FINE PRINT The SALT income tax deduction cap was increased to $40,000 in Trump’s bill. Should you take it? You can deduct your state and local taxes from your taxable federal income, but ...

The bill will reshape how high earners and business owners plan ... “Now is the time to think strategically about how you ...

The Big Beautiful Bill also brings about an increase in ... to professionals to help them with their tax planning and tax preparation rather than doing it themselves,” Preisner predicted. The SALT cap ...