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SALT Write-Offs: Trump Tax Changes and Requirements

The state and local tax (SALT) deduction lets taxpayers write off certain state and local taxes from their federal taxable income. Under the One Big Beautiful Bill Act, signed into law by President ...
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Who qualifies for the new $6,000 retirement tax credit

Retirees are about to see one of the most significant federal tax changes in years: a new extra deduction that can cut ...