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September 2, 2025
SALT deduction 2026 changes how homeowners claim state and local taxes and mortgage interest, with new caps, limits, and filing impacts to review.
The above-the-line charitable deduction returns in 2026, allowing standard-deduction filers to deduct cash donations without itemizing.
OBBB tax benefits for freelancers include new deductions and reporting changes, but eligibility limits mean many gig workers may not qualify.
The 100% bonus depreciation phaseout continues in 2024, reducing first-year write-offs for business equipment and qualifying property under current tax law.
Withholding adjustments for 2025 could change the amount of tax taken from paychecks as new federal rules affect tips, overtime pay, and car loan interest.
SALT cap 2025 rules increase the deduction limit for state and local taxes to $40,000, outlining eligibility, income thresholds, and filing requirements.
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