Starting in 2025, the One Big Beautiful Bill Act (OBBBA) introduces historic tax cuts, making key provisions from the 2017 ...

Understanding the intricacies of the State and Local Taxes (SALT) deduction is crucial for optimizing your tax strategy. With recent legislative changes, taxpayers must evaluate their financial ...

Unless further changes are made, in 2029, the SALT cap will revert back to $10,000. The consequences of SALT deduction increase in the BBB: ...

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

Roughly 2.3 million Pennsylvania retirees are expected to benefit from a new federal deduction that exempts most Social ...

The One Big Beautiful Bill Act (OBBBA) was signed into law on July 4, 2025. Its primary objective is to extend key provisions of the 2017 Tax Cuts ...

If you are a homeowner in Santa Barbara, you have likely felt the impact of the $10,000 cap on state and local tax deductions ...

Under the old $10,000 SALT deduction cap, 5.4% of Florida homeowners exceeded the threshold. With the new $40,000 cap, that number drops sharply to just 0.4%, according to Realtor.com ® economists.

Roughly 2 million retirees in North Carolina are expected to benefit from a new federal deduction that exempts most Social ...

The SALT cap will be adjusted annually by 1% annually through 2029 (the amount will increase to $40,400 in 2026). In 2030, the SALT cap is set to revert back to $10,000.

South Carolina retirees are expected to benefit from a new federal deduction that exempts most Social Security income from ...

Roughly 1.8 million Georgia retirees are set to gain from the new federal senior deduction, which exempts most Social ...