Tax season: Everyone’s favorite time of year has just begun. This year, the Internal Revenue Service opened the tax filing season on Jan. 27. The deadline for filing (without an extension) is April 15 ...

President Donald Trump’s “One Big Beautiful Bill” quadruples the state and local tax (SALT) deduction cap to $40,000. Sounds ...

How does the deduction work? Here's what to know about the federal write-off for state and local taxes. A deduction to defray homeowners' state income taxes and local property taxes is getting much ...

The Indiana General Assembly passed a bill to reform property taxes back in April. It’s the third big reform of the past 50 ...

The standard deduction is a fixed dollar amount you may subtract from your taxable income — meaning more of your money isn’t subject to taxes — resulting in either a lower tax bill or a higher refund.