Trump’s mega tax overhaul, known as the ‘One Big Beautiful Bill,’ has distinct winners and losers. Which group do you fall ...

Starting in the 2026 tax year, new rules will allow Americans who take the standard deduction — about 90% of all taxpayers — to also claim a charitable-giving deduction.

The new law raises the cap on state and local tax deductions from $10,000 to $40,000 for most Long Island homeowners -- with further increases every year until 2029.