Washington homeowners in particular stand to benefit from a provision that increases the amount in property tax payments they can deduct on their 2025 federal returns.

More than 60% of this year's one-time state income tax rebates have been sent out, according to the Georgia Department of Revenue.

This easing cycle reflects a moderation in inflation, which dropped to 2.1% in May and is forecast to average 2.6% in 2025.