News

SALT deduction cap boosted to $40,000 — here’s who stands to get the biggest tax break
The new tax law hiked the SALT deduction cap to $40,000. That’s good news for taxpayers in high tax states, but it’s a ...
The federal child tax credit is changing. Here’s what it means for your family
A new child tax credit is coming, bringing changes that will alter how much assistance families receive and which families ...
An income tax cut in South Carolina just went into effect. Here's what it does
South Carolina's new budget reduces the top income tax rate from 6.2% to 6%, aiming to boost economic competitiveness.
Tax law might not spell instant relief for homebuyers
“The [law] is going to have very little immediate impact on the housing market because the changes aren’t going to hit people ...
SSA 'Applauds' Big Beautiful Bill For Cutting Income Taxes on Social Security Payments. The Bill Doesn't Do That
Key Takeaways The Social Security Administration said the One Big Beautiful Bill "eliminates federal income taxes on Social Security benefits for most beneficiaries."The bill does not eliminate income ...
Small Business And Gig Workers Score A 23% Tax Break Under New Law
Freelancing can be notoriously difficult, but a new tax break might make things easier— that is, if you’re already wildly ...
Do you need to pay quarterly estimated taxes? A complete guide
Range reports high earners must pay quarterly estimated taxes if they owe over $1,000, with specific guidelines to avoid ...
UK politics live: Starmer rules out income tax rise at PMQs before bidding to strike migrant deal with Macron
Starmer rules out income tax rise at PMQs before bidding to strike migrant deal with Macron - PM answering questions from opposition in Commons now ...