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How the SALT Deduction Increase Impacts Blue States Under Trump's New Tax Bill
The recent passage of the 'One Big Beautiful Bill Act' marks a shift in tax policy, particularly affecting high-tax 'blue' ...
Journal of Accountancy1d
Tax provisions in the One Big Beautiful Bill Act
The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...
Trump warns of 'whopping 68% tax increase' if Senate fails to pass historic bill
Trump warns of "largest tax increase in history" if Senate fails to pass his comprehensive bill that includes tax cuts and ...
New Illinois laws, taxes in effect July 1: Increases to gas tax, cigarette taxes and more
Many of the changes and new taxes mean some things in the state will wind up costing more, including gas, cigarettes and ...
Unified Government may pitch tourism tax increase to raise money for World Cup
U nified Government of Wyandotte County and Kansas City, Kansas, staff will likely pitch up to 2% in increases to local ...
How Maine’s tobacco tax increase will impact public health, economy
Taxes on cigarette packs will increase from $2 to $3.50, a 75% increase. After it goes into effect, Maine will have the ...
Congress' Newly Passed Bill Means Homeowners Could Save Thousands In Taxes
A key provision included in the law will raise the cap on the State and Local Tax (SALT) deduction to $40,000.
NJ 'mansion tax' rates increase under new bill, now are paid by property sellers
Multimillion-dollar home sales in New Jersey will be subject to higher fees under the state mansion tax as part of a new bill ...