The House-approved tax bill could end the popular ‘SALT’ deduction workaround for certain pass-through businesses. Here’s ...

The IRS allows you to claim deductions that reduce the amount of tax you owe. Those deductions either are itemized deductions ...

The charitable donation tax deduction lets you write off qualified gifts to nonprofit organizations, but there are rules to ...

(THE CONVERSATION) President Donald Trump’s promise to eliminate taxes on tips may sound like a windfall for service workers — but the fine print in Congress’ latest tax bill tells a more complex ...

The president's stance on the SALT cap would reward high-tax areas at the expense of Iowa and other states that lowered rates ...

The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...

One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

On May 22, the House of Representatives passed H.R. 1, the budget reconciliation bill known as the One Big Beautiful Bill Act (the BBB). The ...

All new car and truck buyers who take out a car loan won't qualify for the tax deduction. Much will depend on your income, ...

Budget Director Laura Larsen said Wednesday that it’s too early to know what impact new Maryland income tax brackets will ...

That's just one of the narrow provisions tucked into the House GOP tax bill to rally enough votes, by addressing members' particular requests.

State lawmakers return to work this week to tackle tax breaks for sports stadiums against a backdrop of sluggish revenues and ...