Higher income taxpayers – those with modified adjusted gross income exceeding $500,000, or $250,000 for those married filing separately – won’t be able to take full advantage of the $40,000 deduction.

The federal cuts from President Donald Trump's One Big Beautiful Bill Act will now be mirrored in the state's tax code thanks ...

A sweeping federal law passed last year could have impacts on 2025 tax returns for millions of American taxpayers. The ‘big beautiful bill’ introduced a host of changes to the U.S. tax code, some of ...

The 2026 tax season is in full swing, and several changes to the tax code could lead to larger returns for some Americans. And while those bigger refunds can make it tempting to file early, tax ...

Filling out your tax 2025 tax return may go a little differently this year, tax experts said. The One Big Beautiful Bill passed by Congress and signed into law July 4 contains some tax code changes, ...

Some tech leaders and entrepreneurs worry the legislation could undermine their sector by souring Washington’s relatively ...

After weeks of pressure from D.C. officials, the District's Chief Financial Officer (CFO), Glen Lee, issued a letter stating that his office will follow through with the tax code approved by the DC ...

South Carolina House lawmakers are moving quickly to bring the state’s tax code in line with recent federal changes, but key ...

COLUMBIA, S.C. (WCBD) – South Carolina taxpayers could see additional deductions on their state returns as lawmakers move forward with a proposal to bring the state tax code in line with recent ...

The One Big Beautiful Bill contains numerous changes to the tax code that could affect your tax return for 2025. Kelly Sikkema Unsplash Filling out your tax 2025 tax return may go a little differently ...