US politicsfromSFGATE1 month ago100,000 Retirees in Vermont Qualify For The 'Senior Deduction' Under Big, Beautiful BillMost Social Security recipients will no longer owe federal income tax due to a new senior deduction, benefitting about 100,000 Vermont seniors.
CaliforniafromSFGATE1 month ago6 Million Retirees in California Qualify For The 'Senior Deduction' Under Big, Beautiful BillSeniors in California will benefit significantly from a new tax exemption on Social Security income starting in 2026.
US politicsfromwww.mercurynews.com2 months agoWho will and won't benefit from the bigger SALT deductionIncreased SALT deduction cap to $40,000 for 2025 with annual adjustments provides a more generous tax benefit to some federal income tax filers.
Real estatefromSFGATE2 months ago12.5% of Homeowners in Illinois Will Face a Hidden Home Equity Tax If They SellHomeowners in Illinois face hidden home equity taxes due to outdated capital gains exclusions, affecting over 1 in 8 sellers amid rising home values.