President Donald Trump’s One Big Beautiful Bill Act (OBBBA) raised the state and local tax (SALT) cap deduction to $40,000 from the previous $10,000, as previously reported by GOBankingRates. For ...
As an investor, you’re always looking for ways to maximize returns, minimize taxes, and make your money work harder for you. This year, your charitable giving strategy presents a compelling, ...
Businesses giving gifts is a common practice in many industries. Employees often appreciate receiving a holiday gift, and referral partners are more enticed to refer if they receive a gift for it.
About 144 million Americans may qualify for the 2026 universal charity deduction, while high earners face new IRS limits.
Discover tax-saving strategies for financial advisors, including deductions on business expenses, entity structuring, and ...
It’s nearly the end of the year, the traditional time for giving but before opening your wallet, you should know how tax rules are changing so you can maximize your gifts. Itemizers should hit fast ...
This year brings new opportunities for retirees looking to optimize their tax situation through Roth conversions. With the introduction of the $6,000 deduction for seniors, part of Trump's tax law ...
High-income residents of Democratic-leaning states are poised to get unusually large tax refunds early next year, thanks to the relaxed cap on state and local tax deductions. There are moves people ...
Giving to charity can be rewarding. And with a little planning, it can also help lower your tax bill. These year-end ...
By late December, many tax savings strategies are off the table. But there are still a few simple things that you can do now ...