10 States Where Taxpayers Have the Most Write-Offs
Where you live can have a direct impact on your tax burden. While federal tax deductions remain consistent nationwide, ...
The state and local tax deduction could change amid Trump's tax cuts debate. Here's what to know.
Although Trump enacted the $10,000 SALT cap in 2017, he reversed his position last year on the campaign trail, vowing to “get ...
SALT Cap Bypass Appeal Challenges Move to Boost Federal Coffers
Three states challenging a Treasury rule that curbs their programs to circumvent the $10,000 cap on state and local tax ...
Massachusetts nonprofits brace for impact of proposed cap on charitable deductions
The potential cap, which would limit how much philanthropic donors can deduct from their state taxes, adds to a climate of ...
GM Authority16h
Trump Considering Auto Loan Interest Tax Deductions For U.S.-Built Vehicles
President Donald Trump and House Speaker Mike Johnson are working on creating a new tax deduction for interest paid on auto ...
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10 States Where Taxpayers Have the Most Write-Offs
Where you live can have a direct impact on your tax burden. While federal tax deductions remain consistent nationwide, state-level tax write-offs can impact what you pay in taxes. If you itemize ...
5 Ways The GOP Tax Cut Plan Could Go Off The Rails
Republicans are putting all their legislative eggs in a single basket despite very narrow congressional majorities. They ...
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Two former Braves players continue fight with IRS and US Tax Court over tax deduction for donation
Smoltz and Klesko’s business, Buckelew Farm, accuses the IRS and US Tax Court of violating taxpayer confidentiality ...
Opinion
Institute on Taxation and Economic Policy2dOpinion
Two Ways a 2025 Federal Tax Bill Could Worsen Income and Racial Inequality
Two parts of Trump’s 2017 tax law that are particularly expensive and beneficial to the richest individuals are the changes in income tax rates and brackets and the special deduction for “pass-through ...
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Federal Income Tax
Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. David is ...