2025 featured a variety of major tax debates across the federal, state, and local levels. From Congressional discussions over ...

As 2025 winds down I thought that it would be a good time to remind everyone of the need to make their local estimated tax payments by the Jan. 15 deadline and to try and explain this complex portion ...

For the next five years, there will be a much more generous state and local tax deduction available to federal income tax filers, thanks to the recently enacted mega tax-and-spending-cuts law. The new ...

As President Donald Trump’s sweeping tax bill inches through Congress, one of its key sticking points hits Americans directly where they live. The state and local tax deduction – often abbreviated as ...

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do just that has become a point of contention and a possible roadblock to House ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Photo by Eric Lee/Bloomberg via ...

If anything, remember you’ll make tax payments more frequently than you file tax returns. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...