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2. The Best Tax Deductions and Tax Breaks for 2024-2025 - AOL

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   Under the recent tax law, the deductibility of state and local tax payments for federal income tax purposes is now limited to $10,000 — or $5,000 for married taxpayers filing separately — in a ...

3. Trump-Era Tax Cuts Are Expiring: 4 Ways This Impacts ... - AOL

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   Individual income tax brackets will revert to 2017 levels, increasing anywhere between 1% to 4% for many Americans, Fox Business reported. ... the standard deductions are $14,600 for single filers ...

4. IRS announces higher standard deduction, new tax ... - AOL

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   The standard deduction will go up for 2025 tax returns by $400 from 2024 for single taxpayers and married individuals filing separately. IRS announces higher standard deduction, new tax brackets ...

5. IRS announces new income tax brackets - AOL

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   Taxable income, remember, is your gross income minus the various tax breaks for which you’re eligible. So, as an example, say you’re single and make $100,000 a year but your taxable income ...

6. 28 Tax Shelters, Tax Breaks and Other Tax Tips You Should ...

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7. End of Trump tax cuts would see 62% pay more—how ... - AOL

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   Because any change to the SALT cap benefits only taxpayers who itemize their deductions and pay more than $10,000 in state and local income or sales and property taxes, letting the cap expire ...

8. 12 Tax Breaks That Allow The Rich To Avoid Paying Taxes - AOL

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   2. Deduct Business Expenses. If you run a business, you might reap big tax benefits. Business owners who are filing taxes can claim potential tax deductions for some business expenses, including ...

9. 7 Tax Mistakes People Almost Always Regret - AOL

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   Uncle Sam isn't someone you want to mess with. Everyone has to pay taxes, but many people make missteps that can be costly in more ways than one. I Retired Early: Here's My Monthly BudgetAlso: 7...