Back in November we reported that The President's Advisory Panel on Federal Tax Reform had submitted recommendations to then Treasury Secretary John Snow. Principal among the panel's suggestions were ...

The IRS wants taxpayers who pay state or local real estate taxes but don't qualify to itemize their tax deductions, to know that they may qualify for an increased standard deduction. This is the last ...

The only thing in life that's certain besides death and a sudden craving for pizza at 3 a.m. is taxes. But did you know that owning real estate can come with some sweet tax benefits? Being a property ...

Dear Action Line: I've heard this is the last year that a higher "standard deduction for real estate taxes" is available. What does this mean and how does it affect my taxes? — W.F., Tulsa. Internal ...

Welcome to your home tax deduction checklist! For homeowners, this kind of guidance is essential in the wake of all the changes ushered in by the new tax plan, the 2017 Tax Cuts and Jobs Act. The ...

The New York real estate industry was alarmed and a bit scared when congressional Republicans capped state and local tax deductions at $10,000. That was in late 2017, and then-President Donald Trump ...

The recent tax legislation, known as the 'One Big Beautiful Bill Act', has introduced a significant change in the landscape of tax deductions for homeowners. Among these changes, the temporary ...

Without action from Congress, there will be a slew of tax changes for all Americans at the end of 2025, regardless of who is elected President in November. Many provisions of the Tax Cuts and Jobs Act ...