But for some taxpayers, it is still worth exploring the potential of itemized deductions, as overlooking it in favor of simplicity could "leave a significant amount of money on the table for Uncle ...

It’s important for both residents and businesses to understand California state income tax brackets and how they impact what ...

President Donald Trump’s tax package could include changes to the SALT deduction limit. Here’s who could benefit.

Trump has proposed several federal tax breaks ... is sponsoring legislation to allow the deduction for all taxpayers, whether or not they itemized. “Absolutely this will make buying a car ...

Gugel points out that states could avoid this by “decoupling” from changes to federal itemized deductions that result from a lapse of TCJA and instead preserve current policy, or by relying ...

When filing taxes, you choose the greater of the standard deduction or your itemized deductions ... which would remove the "marriage penalty" in federal income taxes, involves increasing the ...