Wealthy taxpayers could get a break if Congress and Trump agree to raise the limit on federal deductions based on your local ...

Taxes can be a killer for entrepreneurs. Fortunately, deductions are a great way to reduce tax liability. But how do you know ...

Senators Kirsten Gillibrand and Charles Schumer introduced legislation today to permanently remove the cap on the state and local tax (SALT) deduction.

Under the current rules, everyone can make tax-deductible contributions up to a limit each year. This limit has recently increased to $30,000 and includes any funds contributed to your super fund by ...