The SALT deduction also covers more than just your state income taxes. For instance, you can generally deduct state and local ...

There are three weeks left in the holiday season — still time to consider how our altruistic feelings and personal finances can merge into year-end charitable giving. The ...

New in 2025 is an extra $6,000 per individual, in addition to the standard deduction, for those over age 65 who meet the income limits. For a couple, this can create up to $12,000 more "room" for Roth ...

A tax expert warns about seven hidden trips in One Big Beautiful Bill's changes to federal tax law. Read this before you lose money on your tax refund.

Cathie Wood calls Trump's tax plan "Reaganomics on steroids," predicting an 8% surge in real income and a historic economic ...

Many may receive larger refunds next year due to new tax changes and delayed IRS withholding updates. Here's who may benefit and what the changes mean for you.

Much of the extra refund money next year will go to upper-income households, he said. That's largely due to a temporarily higher $40,000 deduction on state and local taxes, he said. That so-called ...

Year-end planning can significantly boost the benefits of new tax changes, helping taxpayers reduce liabilities and maximize ...

(The Center Square) – Illinois is not adopting the new federal “no tax on tips” provision, meaning tipped workers in the state will still owe Illinois income tax on tips, even when those tips are ...

High taxes can quietly erode paychecks, home equity and long-term nest eggs, especially in states where property levies and income brackets stack on top of steep living costs. I focus here on 15 ...

Federal tax refunds often represent a family's single largest check of the year, and next year's refunds could be even bigger, with the average payment set to increase by about $1,000 per filer, ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Nov 24, 2025, 11:01am EST A rustic sign that says "Taxing ...