The SALT deduction - the state and local tax deduction - increased for the 2026 tax season. Here's what it is and how you can ...

President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025. Here's how that could affect your tax return this season.

Changes to the state and local tax (SALT) deduction in the so-called 'big beautiful bill' have put this tax break in the ...

Q. I am married, but I file my income taxes separately. How does this affect my tax return for the SALT deduction? Do I have to file an itemized return?

The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how to choose the option that’s best for you.

Run the numbers: For 2025, the standard deduction is $31,500 for married couples and $15,750 for singles. If your total itemized deductions — including mortgage interest, charitable giving, and state ...

Many taxpayers will itemize deductions again on their 2025 federal tax return due to changes affecting the SALT deduction (State and Local Tax deduction). In this clip, we explain why ...

The One Big Beautiful Bill Act (OBBBA), passed in mid 2025, reshapes how many families will file their 2025 taxes.

The SALT deduction, which was temporary under the OBBBA Act, raised it from $10,000 to $40,000 if your income is under $500,000. The new senior deduction is a $6,000 deduction you get just for being ...

As Senate Republicans debate trillions of tax breaks advanced by the House, some business owners could be blocked from part of the proposed windfall, policy experts say. Stream Los Angeles News for ...

The 2026 tax season kicks off this week as the Internal Revenue Service begins accepting the first of what is expected to be ...

IRS tax refund 2026: Americans could see up to $1,000 more. IRS data and policy analysis show average tax refunds in 2026 may ...