
New $40,000 Tax Break Could Benefit Millions of Homeowners
A new law increases the state and local tax (SALT) deduction to $40,000 for 2025, offering major tax savings for millions of homeowners.
#Tax Deduction#Personal Finance#SALT Deduction
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A new law increases the state and local tax (SALT) deduction to $40,000 for 2025, offering major tax savings for millions of homeowners.

Inheriting an IRA comes with complex rules. Starting in 2025, many heirs must take annual withdrawals or face a 25% penalty. Learn three common mistakes to avoid.