President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025. Here's how that could affect your tax return this season.
As Senate Republicans debate trillions of tax breaks advanced by the House, some business owners could be blocked from part of the proposed windfall, policy experts say. Stream Los Angeles News for ...
President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025, up from $10,000 in 2024. The cap reverts to $10,000 in 2030, which leaves five years to leverage ...
For those trying to anticipate what's different, here are tax changes that could affect you this year and might even retroactively affect your 2025 taxes.
Red White and Blue Tax Services, a tax preparation and advisory firm specializing in small business tax planning, equity compensation tax strategy, and year-round advisory for business owners and ...