SALT Deduction Changes 2026: What’s New and Who Benefits

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SALT Deduction Changes 2026: What’s New and Who Benefits

Aug 4, 2026

Key Takeaways The SALT deduction 2026 limit increased to $40,400 under the One Big Beautiful Bill Act (OBBBA), allowing many taxpayers to deduct more eligible state and local taxes than...

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IRS CP504 vs. LT11: What’s the Difference?

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IRS CP504 vs. LT11: What’s the Difference?

Aug 2, 2026

Key Takeaways CP504 vs. LT11: A CP504 is a serious warning that the IRS intends to levy your state tax refund and may escalate collection efforts, while an LT11 is the Final...

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Tax Relief Now: How to Get Tax Help ASAP

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Tax Relief Now: How to Get Tax Help ASAP

Aug 1, 2026

Key Takeaways Tax relief includes IRS programs that help taxpayers manage or resolve tax debt, such as installment agreements, Offers in Compromise, Currently Not Collectible (CNC) status, and penalty relief. ...

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