Changes to the state and local tax (SALT) deduction in the so-called 'One Big Beautiful Bill' have this tax break in the spotlight.

Goodwill Industries opened a donation distribution center at 827 Junction Highway, Suite 831, next to the Dollar General at ...

Filers who don’t itemize: Anyone whose itemized deductions — including the state and local taxes they pay — do not exceed the standard deduction won’t benefit from the higher SALT cap, but they will ...

Overwhelmed at understanding it, I turned to ChatGPT to learn more about what this bill means for retirees and their taxes (with fact-checking, of course!).

Filers who don’t itemize: Anyone whose itemized deductions — including the state and local taxes they pay — do not exceed the standard deduction won’t benefit from the higher SALT cap, but ...

Many gamblers do not get a tax break for losses because they don't itemize deductions. That doesn't change under the new tax law in President Donald Trump's "big, beautiful bill." ...