For 2025, single filers can claim a standard deduction of $15,750, while married couples filing jointly can claim a standard ...

While you won’t be able to write off the majority of your wedding expenses, you may be able to claim a tax deduction through ...

Outdated tax rules on home sales, gifts, and property are costing homeowners big. Here's how new proposals aim to fix the ...

The 2025 Act raises the SALT deduction cap to $40,000 ($20,000 for married individuals filing separately), but a phase-out of the increased SALT deduction cap begins when an individual’s ...

New Jersey's average property tax bill in 2024 was $10,095, exceeding the $10,000 SALT deduction limit. The highest average property taxes in Morris County were in Mountain Lakes Borough at ...

New Jersey's average property tax in 2024 was $10,095, exceeding the federal SALT deduction limit. Bergen County's highest average property taxes ranged from $19,297 to $24,736, while Passaic ...

Federally owned lands include government-owned national parks, conservation areas, wildlife refuges and the like.

One policy within the n early 900-page bill that homeowners could find helpful is how it addresses the cap on state and local tax (SALT) deductions.

The One Big Beautiful Bill Act (OBBBA), signed into law by President Trump on July 4, 2025, marks a pivotal moment in U.S.

Here is what President Donald Trump's massive tax and spending bill could mean for the U.S. economy and your finances.

Republicans Demuth and Johnson cautiously endorsed the bill, while other key lawmakers had their own takes.