Are state tax refunds taxable income? Learn how deductions, tax benefits and filing choices affect whether your state tax ...
The tax bracket income levels for 2026 are increasing by 2.3% and new tax breaks could allow you to keep more take-home pay.
The sales tax deduction lets you deduct the state and local sales taxes you've paid during the year, but only if you itemize your deductions. Learn more.
Forbes contributors publish independent expert analyses and insights. Joseph J. Thorndike writes about tax history. The state and local tax deduction has been a part of the federal income tax from the ...
As 2025 comes to an end, it is an appropriate time to revisit state and local tax deductions and charitable giving plans. The One Big Beautiful Bill (OBBBA) introduced several updates that may ...
Successful tax-loss harvesting depends on a taxpayer’s ability to deduct losses. In addition to their federal tax liability, taxpayers also need to consider state and local taxes. As we wrap up this ...
The One Big Beautiful Bill included sweeping tax law changes. Here are several key changes individual taxpayers need to know ...
It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful bill" may affect how they file.