News

Wealth Enhancement reports on Trump’s “One Big, Beautiful Bill,” which makes 2017 tax cuts permanent and includes key changes ...
The bill permanently extends the major provisions of 2017’s Tax Cuts and Jobs Act, including lower tax rates, larger standard ...
The One Big Beautiful Bill Act is temporarily quadrupling the state and local tax deduction to at least $40,000, up from ...
The 'Great Beautiful Law' temporarily raises the SALT deduction cap to $40,000 starting in 2025, offering relief to many taxpayers. However, a phaseout mechanism could lead to higher effective tax ...
Tax rules change all the time. What worked last year might not work this year. If you’re still following old tax advice, you could be missing out or even making mistakes. The tax code for 2025 looks ...
Democrats and Republicans agree that any big bill will include something they hate, including the ones on which they vote ...
The recent tax legislation under President Trump has brought significant changes to the SALT deduction, offering potential ...
Reinstated mortgage insurance premium deductibility and a higher cap on state and local tax deductions could change whether ...
Getting your Trinity Audio player ready... On July 4, the “One Big Beautiful Bill” was signed into law making it the “One Big Beautiful Act” and enacting sweeping changes to the Internal Revenue Code.
The megabill raised the ceiling to $40,000 on the state-and-local tax deduction. How much you benefit depends on where you live.
Last week, when President Donald Trump signed the One Big Beautiful Bill (OBBB) into law, he said it would help to bring ...
The new tax law makes substantial changes for the 2025 tax year. Here are 6 new tax provisions that could help you save on ...