The new tax law raises the SALT cap and secures the 199A deduction, giving pass-through entities fresh opportunities for tax planning and savings.

Supporters of the legislation emphasize the immediate relief for seniors facing tax burdens, framing the deductions as a way ...

What are pass-through entity taxes, how have they changed, and why is planning in this space important for some types of businesses? We checked in with three local attorneys to find out.

The exact wording of the law actually stipulates a $6,000 tax deduction for individuals aged 65 and older, likely raising the ...

Libertarians who say that certain tax deductions and credits are loopholes that need to be closed argue that these loopholes distort the tax code, are inefficient, subsidize high-income taxpayers, ...

Until enactment of the One Big Beautiful Bill Act, officially P.L. 119-21, the availability of a below-the-line deduction that was not the standard deduction or an itemized deduction was a rare event.

Roughly 100,000 Wyoming retirees are expected to benefit from a new federal deduction that eliminates taxes on most Social ...

The One Big Beautiful Bill targets middle-income seniors, offering timely relief in a state with rising property taxes and ...

Roughly 4 million Texas retirees are expected to benefit from a new federal deduction that eliminates taxes on most Social ...

Roughly 200,000 retirees in South Dakota are expected to benefit from a new federal deduction that exempts most Social ...

Even after President Donald Trump’s megabill was passed, Social Security benefit taxes look the same as they did in the 1980s ...