2026 tax filing season is here
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Taxpayers should prepare for major tax-policy shifts this year. Forbes’ expert contributors explain how — and when — key rule ...
The SALT deduction is only available to taxpayers who itemize their deductions rather than claiming the widely used standard deduction The decision on whether to take the standard deduction ...
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Tax tip: 2025 SALT tax deduction
CNBC’s Sharon Epperson explains changes in the deduction for state and local taxes. For more Tax Tips, go to ...
The One Big Beautiful Bill included sweeping tax law changes. Here are several key changes individual taxpayers need to know in 2026.
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 ...
The recently passed One Big Beautiful Bill Act (OBBBA) gave Americans a huge tax cut that critics say primarily benefits the wealthy. But the law contains a rare reversal from President Donald Trump ...
A recent article reported on a study that claimed the federal tax bill passed last year would unduly favor wealthy Connecticut towns and taxpayers. Statistics were provided that showed billions in ...
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