As the federal budget bill makes its way through Congress, lawmakers are debating whether to increase the cap on state and local tax (SALT) deductions. The cap was created under President Donald Trump ...

It could be worth the time this holiday to consider these tax moves before year end. They could save you money in 2025 and beyond.

For the next five years, there will be a much more generous state and local tax deduction available to federal income tax filers, thanks to the recently enacted mega tax-and-spending-cuts law. The new ...

TULARE COUNTY, Calif. (KFSN) -- The 2023 tax season kicks off on Monday when the IRS begins accepting returns. Local agencies are also gearing up to help people file. Community Services Employment ...

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do just that has become a point of contention and a possible roadblock to House ...