Author: Josh

Tax time often sees most Americans skipping itemized deductions entirely. In fact, close to nine out of ten taxpayers stick with the standard option because, well, the math usually works out better! Standard deductions often provide larger tax benefits. That longstanding trend is why the salt deduction cap from the tax cuts and jobs act…

Workers and families earning under $50,000 are set to see the biggest proportional relief, with more than $600 billion in total tax savings projected under the Big Beautiful Bill Act. From our experience, that kind of figure will certainly turn heads, especially for middle-income households that have long waited for meaningful breaks. More than numbers…

If you own a home, you know property taxes are a significant part of the budget. Many homeowners across the country pay about $2,969 each year, a number that climbs considerably for premium properties. Now, a major new tax bill is set to change the math for individual taxpayers. The Big Beautiful Bill property taxes…

For years, the standard deduction was the obvious choice for most filers, with a 90% of taxpayers never looking twice at their itemized deductions. But with the recent shift in tax law, the game has changed. The new one Big Beautiful Bill SALT cap 40k details mean many households, especially in high-tax states, will find…

The tax code is shifting under our feet again, and keeping up is no small task. For 2025, the seven federal income tax rates themselves—10%, 12%, 22%, 24%, 32%, 35%, and 37%—are holding steady. But don’t be fooled. The income ranges for each tax bracket have been pushed up for inflation. This simple adjustment will…

For a policy that generates so much debate, the potential changes to the SALT deduction cap directly impact a surprisingly focused group. While the SALT tax repeal discussion dominates headlines, a key fact often gets lost: only about 4% of taxpayers would see a major shift in their federal income tax. This doesn’t make the…

The share of taxpayers using State and Local Tax (SALT) deductions has fallen sharply since 2017, when nearly a third claimed them, to less than one in ten by 2022. From our experience, this shift reflects how the SALT deduction cap changed household decisions on whether to itemize or take the standard deduction. With the…

If you own a home or run a business in a state with high taxes, you’ve probably felt the pinch of the SALT deduction cap. That’s why the recent changes are such a big deal. A common question we hear is, “What is the salt deduction in the big beautiful bill?” Simply put, the 2025…