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Explícame on MSN7 Changes in Deductions from Trump's Tax Reform
The One Big Beautiful Bill Act, signed on July 4, 2025, by President Trump, brings transformative changes to the U.S. tax code. This reform aims to provide tax relief and reshape the tax burden by ...
There’s no doubt that Charlotte businesses will be impacted by P.L. 119-21, Republicans’ “One Big Beautiful Bill Act,” which ...
Real estate investors in the U.S., especially those who invest in short-term rental properties, received a gift when the ...
Roughly 800,000 retirees in Kentucky will see their Social Security income go untaxed starting in 2026 under a new federal ...
Buzz has begun about whether the IRS will delay its 2026 tax filing kickoff. IRS says it will announce the timing of "opening in the regular course." ...
Roughly 2 million Illinois retirees are set to benefit from a new federal deduction that shields most Social Security income ...
Box Elder School District approved a 37.2% property tax increase early Thursday following hours of public discussion.
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SmartAsset on MSNSALT Write-Offs: Trump Tax Changes and Requirements
The state and local tax (SALT) deduction lets taxpayers write off certain state and local taxes from their federal taxable income. Under the One Big Beautiful Bill Act, signed into law by President ...
The Second Circuit rejected arguments by several States who challenged updated regulations that would prohibit many of SALT ...
While this deduction primarily impacts homeowners and high-income taxpayers in states with higher taxes, changes to the SALT cap can also have ripple effects on inheritance planning. If you’re set to ...
Water lobbying group argues collecting property taxes leads to waste, but officials say they’re likely here to stay.
Trump’s spending bill includes cuts to Medicaid, food assistance and more. But it also increases a federal tax credit that ...
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