News

The ‘SALT’ deduction is still in limbo as Senate Republicans unveil key tax details of President Donald Trump’s spending package. Here’s what to know.
The ‘SALT’ deduction is still in limbo as Senate Republicans unveil key tax details of President Donald Trump’s spending package. Here’s what to know.
Enacted via the Tax Cuts and Jobs Act, or TCJA, of 2017, there's currently a $10,000 limit on the SALT deduction through 2025. Before 2018, the tax break — including state and local income and ...
Repealing the Windfall Elimination Provision (WEP) ... AARP lists the 2025 monthly income limits as $1,620 for non-blind recipients ... It may be smart to time income or deductions strategically ...
By coming into effect, the Social Security Fairness Act effectively repealed two provisions — namely, the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) — which limited ...
Columbus, Ohio – The Ohio House of Representatives on Wednesday unanimously passed legislation to update tax deductions for contributions to state 529 plans and ABLE savings accounts, announced bill ...
The Social Security Administration (SSA) is making good headway with its rollout of payments for those impacted by the Social Security Fairness Act. After being signed into law in January, the Social ...
The Social Security Administration says it has processed 2.5 million retroactive payments to people previously locked out of retirement benefits.