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4:11
How Trump's new spending law will impact taxes
5 months ago
CBS News
Mary Cunningham
2:57
Expanded tax credits available to buy electric vehicles but restrictions make it harder to qualify
Jan 3, 2023
CBS News
Jon Delano
1:46
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6 months ago
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1:09
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Low-income families eligible for expanded tax credit
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Illinois taxpayers to see newly expanded Earned Income Tax Credit this year, officials say
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nbcchicago.com
Extenders and Tax Reform: Seeking Long-Term Solutions | The United States Senate Committee on Finance
Jan 31, 2012
senate.gov
1:25
OBBB TAX CHANGES- PART ONE Three major federal tax changes started in 2025 — and most taxpayers don’t know about them yet. In this video, I explain three important updates that may affect your 2025 tax return: • Higher standard deduction • New senior deduction for taxpayers age 65 • Expanded state and local tax (SALT) deduction cap These are enacted federal tax law changes that affect 2025 returns. Tax laws are complex and subject to income limits, caps, and individual qualifications. Always con
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2 months ago
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Congress announces major tax deal to expand child tax credit and revive breaks for businesses
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5 tax changes that can boost your refund this year
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By Jeanne Sahadi,CNN Business
0:10
There’s a major tax update homeowners need to know about. Starting with the 2025 tax year (the returns you file in 2026), the IRS increased the state and local tax (SALT) deduction cap from $10,000 to $40,000. The SALT deduction includes: • Property taxes paid on your home • State income taxes • Certain local or city income taxes For many homeowners, especially those in higher-tax states, this change can significantly impact their tax picture. When combined with other itemized deductions like mo
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