Southern California voters in the eastern Orange County 40th Congressional District like President Donald Trump well enough, ...

Now, though, there’s optimism that new legislation will allow the limit to go up. Trump wants the cap lifted, and influential ...

social security taxes, and you might have to pay state and local taxes, depending on where you live. Each state has its own tax brackets and rates, so how much of your hard earned money goes to ...

Taxpayers can itemize their deductions to take advantage of reducing their federal tax liability through deducting up to $10,000 in certain state and local tax payments. But given the limit ...

During President Donald Trump's successful campaign bid last year, he proposed eliminating individual income taxes for all ...

A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly.

No one likes paying income tax, but residents of some states have it worse than others. Here are some of the worst offenders ...

But she is at odds with the House GOP majority on how much to raise the deduction level for state and local taxes on federal tax returns — or whether to do so at all. This SALT deduction is a ...