US politicsfromSFGATE1 week 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.
CaliforniafromSFGATE2 weeks 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.
fromwww.mercurynews.com1 month 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.
fromSFGATE1 month 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in Illinois Will Face a Hidden Home Equity Tax If They SellHomeowners in Illinois face hidden home equity taxes due to outdated capital gains exclusions, affecting over 1 in 8 sellers amid rising home values.