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Milan Markovic | E+ | Getty ImagesPresident Donald Trump’s “big beautiful bill” raised the limit on the federal deduction for state and local taxes, known as SALT, and there are ways to maximize it for 2025, experts say.If you itemize tax breaks, you can claim the SALT deduction, which includes state and local income taxes and property taxes. Trump’s 2017 legislation capped SALT at $10,000, which was a pain point for certain residents of high-tax states. However, there’s now a $40,000 SALT deduction limit for 2025. The cap increases by 1% yearly through 2029, and reverts to $10,000 in 2030.Those affected…

Powerhouse Australia said it was “up for the challenge” on Friday of winning an unprecedented eighth ICC Women’s Cricket World Cup, naming a star-studded squad to defend their title in India and Sri Lanka. Led by Alyssa Healy, the 15-strong line-up features fellow seasoned campaigners Ellyse Perry, Beth Mooney, Annabel Sutherland, Tahlia McGrath and Ashleigh Gardner. Sophie Molineux makes her return from knee surgery in January, while Darcie Brown (quad) and Georgia Wareham (groin) both brushed off recent niggles to take their places. Molineux is among five Australians who will feature in a 50-over World Cup for the first time,…

ZURICH: Dynamic pricing will be in operation during the first phase of ticket sales for the 2026 World Cup, with fans paying different prices according to market demand and seats starting at $60, FIFA said on Wednesday. Fans will have their first chance to secure tickets for next year’s World Cup in the United States, Canada and Mexico during the Visa Presale Draw, opening on Sept 10, at 1100 ET (1500 CET) and running until Sept 19. Open to qualifying Visa cardholders, tickets for group-stage matches will start at $60, with pricing for later stages, including the final, reaching up…

Boxing legends Floyd Mayweather Jr. and Mike Tyson are set to square off in an exhibition boxing match next spring, it was announced Thursday. The exhibition will be put on by CSI Sports / Fight Sports, with exact dates and locations still unclear. “Iron” Mike Tyson (50-7, 44 KOs) hasn’t secured a professional win since his TKO victory against Clifford Etienne in February 2003, with his four most recent bouts over 22 years ending with three losses and one draw. His most recent bout was against Jake Paul in November 2024, where Tyson lost by unanimous decision. This match will…

SHARJAH: Fakhar Zaman cracked a robust 77 and spinner Abrar Ahmed registered career-best figures as Pakistan reached the T20I tri-series final with a 31-run win over United Arab Emirates on Thursday. Fakhar hit an aggressive 44-ball 77 not out for his 12th T20I half century while Mohammad Nawaz smashed an undefeated 27-ball 37 to revive Pakistan from 80-5 Pakistan to 171-5 in their 20 overs. Abrar then grabbed 4-9 in four economical overs to restrict UAE to 140-7 with opener Alishan Sharafu fighting a lone hand, scoring a steady 51-ball 68. Sharafu hit four sixes and as many fours. “Fakhar…

Reigning champion and world number one Aryna Sabalenka will play Amanda Anisimova in the US Open final after the American ended the run of Japanese star Naomi Osaka on Thursday. Sabalenka overcame Pegula 4-6, 6-3, 6-4 in a re-run of last year’s final and is seeking to become the first player to successfully defend the title in New York since Serena Williams in 2014. The 27-year-old from Belarus is through to her third successive US Open final. “It was a really tough match — she (Pegula) played incredible tennis as always and I had to work really hard to get…

In Florida, the journeys of Pakistan’s ice hockey teams are a testament to love, identity, and the audacious belief that some dreams are worth chasing, no matter how impossible they seem. At the Panthers IceDen in Coral Springs, Florida, a chant starts softly, then grows into a thunderous roar that shakes the plexiglass: “Pakistan Zindabad!” For the players on the ice, looking at a sea of green flags and ecstatic faces, the moment is surreal. They have just done the unthinkable. They have won gold. This is not the beginning of a feel-good sports movie. This is the true story…

A Social Security Administration (SSA) office in Washington, DC, March 26, 2025.Saul Loeb | Afp | Getty ImagesPresident Donald Trump’s “big beautiful bill” provides relief to certain Social Security beneficiaries who pay taxes on their benefits.But it doesn’t eliminate those levies entirely.Now, Sen. Ruben Gallego, D-Arizona, introduced a bill on Thursday — titled the You Earn It, You Keep it Act — to eliminate taxes on Social Security benefits. A House version of the bill was introduced by Rep. Angie Craig, D-Minnesota, in April.Gallego’s bill would permanently eliminate federal taxes on Social Security benefits.It would also expand the Social Security…

Still only 17, Gout is already one of the most exciting prospects in global athletics, earning comparisons with Jamaican great Usain Bolt and training with Adidas stable-mate Noah Lyles in Florida. Teen sprinter Gout Gout will make a much-anticipated world championships debut in Tokyo this month as he marks an early milestone in a career Australia hopes will peak with Olympic gold at Brisbane 2032. Still only 17, Gout is already one of the most exciting prospects in global athletics, earning comparisons with Jamaican great Usain Bolt and training with Adidas stable-mate Noah Lyles in Florida. All this while juggling…

Retirement account balances, which fell at the start of the year due to market volatility, bounced back in the second quarter, according to the latest data from Fidelity Investments, the nation’s largest provider of 401(k) savings plans.The average 401(k) balance jumped 8% from a year earlier to $137,800, a record high, Fidelity found.The average individual retirement account balance also rose 5% year over year to $131,366.Number of 401(k), IRA millionaires hit all-time highsThe rebound in account balances helped boost the number of 401(k) millionaires to an all-time high. The number of 401(k) accounts with a balance of $1 million or more jumped to 595,000 as of June 30, up…