#federal-tax-policy

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fromwww.mercurynews.com
3 weeks ago

Who will and won't benefit from the bigger SALT deduction

Increased SALT deduction cap to $40,000 for 2025 with annual adjustments provides a more generous tax benefit to some federal income tax filers.
Real estate
fromSFGATE
3 weeks ago

12.5% of Homeowners in Illinois Will Face a Hidden Home Equity Tax If They Sell

Homeowners in Illinois face hidden home equity taxes due to outdated capital gains exclusions, affecting over 1 in 8 sellers amid rising home values.
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