Homeowners now have the chance to write off much more of their state and local tax bills, and this could potentially lead to bigger tax refunds. That’s if they play their cards right on the SALT ...
ST PAUL, Minn. — On a list of things to do, it would be a severe understatement to say filing taxes would not be at the top of the list for most Minnesotans... not even close. The Minnesota Department ...
Changes in the tax law will have different effects on people who take the standard deduction versus high earners who itemize. By Ann Carrns Thinking about donating to your favorite charity before the ...
Q. Hi, Dan. I don’t understand why people are talking about the new deduction for charitable gifts next year. Haven’t charitable gifts always been deductible? — Carl in Rockledge A. Carl, for millions ...
During the week of October 25 through November 1, for the first time in 35 years, no rap songs appeared on Billboard’s top 40. For many, it signaled the death knell of hip-hop’s slow, but imminent, ...
The IRS issued guidance for workers eligible to claim the temporary deductions for tip and overtime compensation for tax year 2025 and is updating some income tax forms and instructions to help ...
PHOENIX (KVOA) - Gov. Katie Hobbs has taken a step to alleviate tax burdens for middle-class Arizonans by signing Executive Order 2025-15. This order directs the Arizona Department of Revenue to ...
Each spring, millions of taxpayers face a deceptively simple question — take the standard deduction or itemize? For those not versed in the lingo of taxes, the distinction can be confusing. But ...
Beginning in 2026, tax filers who claim the standard deduction may be allowed to take a new above-the-line deduction for cash contributions to qualifying charities. You will not need to itemize ...
The One Big Beautiful Bill Act passed in July 2025, made some long-awaited permanent changes to the tax code. But as we approach the end of the year, our focus must shift to the new, temporary ...
WRAL and 5 On Your Side is partnering with the North Carolina Society of Enrolled Agents to connect people with federally licensed tax professionals for answers about tax planning and preparation.