The deduction for state and local taxes is currently capped at $10,000, but the tax bill that just passed in the House would ...

The federal deduction for state and local taxes for single and joint-filing taxpayers who itemize is $40,000 through 2029.

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do just that has become a point of contention and a possible roadblock to House ...

Most people are used to seeing sales tax on a receipt, but not every purchase includes it. When it doesn’t, you may still owe tax on that purchase through what’s called a use tax. This comes up most ...