Tax

House passes SALT deduction changes
[UNITED STATES] House lawmakers on Thursday morning voted to advance changes to the federal deduction for state and local taxes—commonly referred to as...

House GOP pushes for higher SALT deduction cap
[UNITED STATES] House Republicans are pushing to raise the cap on the federal deduction for state and local taxes—commonly known as SALT—as part...

Understanding marginal and effective tax rates
[UNITED STATES] Navigating the complexities of income taxation can be challenging, especially when distinguishing between marginal and effective tax rates. Understanding these concepts...

Tax break expansion for small business and professionals
[UNITED STATES] Congress is considering a major tax overhaul that could reshape benefits for millions of small businesses and independent workers. The House-approved...

New SALT cap boosts high-income taxpayers
[UNITED STATES] Most Americans won’t see much benefit from one of the more contentious provisions in the newly passed "One Big Beautiful Bill."...

Trump's tax overhaul shifts the scales
[UNITED STATES] The Trump administration's latest tax reform, encapsulated in the "One Big Beautiful Bill Act," has ignited significant debate across the United...

Why new homeowners should check their property tax assessments
[UNITED STATES] If you've recently purchased a home, it may be a smart time to take a closer look at your property tax...

The House Republican budget blueprint increases the maximum child tax credit to $2,500, and here's who qualifies
[UNITED STATES] House Republicans on Thursday moved ahead with President Donald Trump’s favored tax and spending legislation, which includes an increase to the...

New SALT cap proposal could cut taxes for wealthy
[UNITED STATES] A new tax proposal, recently passed by the Republican-led House of Representatives and now under Senate consideration, seeks to raise the...

House approves Trump’s $1,000 child savings account proposal
[UNITED STATES] In an early Thursday vote, the House of Representatives passed President Donald Trump’s expansive tax overhaul, a measure that includes a...

Navigating your 401(k) rollover options
[UNITED STATES] When transitioning out of a job, tying up loose ends and supporting your team isn’t the only thing you need to...

Senate questions IRS nominee Billy Long on political influence and tax credit ties
[UNITED STATES] Senators questioned President Donald Trump’s nominee for IRS Commissioner, former Missouri Congressman Billy Long, during a confirmation hearing Tuesday, focusing on...
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