While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level. States would be smart to stick with the current cap or, better yet, go ...

House Speaker Mike Johnson offered GOP holdouts a detailed proposal on Monday to set the SALT deduction cap at $40,000 for ...

Below is a chart listing the standard deduction limits for this and the next tax year(s). The limits are arranged by the filing statuses introduced above. In addition, there is another standard ...

Anyone covered by a workplace plan may still be able to take a full or partial deduction, as shown in the chart. The chart ...