The IRS has released new guidelines to help taxpayers understand the Big Beautiful Bill, a sweeping tax reform law now in ...

Roughly 800,000 retirees in Oregon are expected to benefit from a new federal deduction that exempts most Social Security ...

Roughly 2.3 million Pennsylvania retirees are expected to benefit from a new federal deduction that exempts most Social ...

The Trump bill — which was enacted in early July — introduces an additional tax deduction for taxpayers who are 65 or older.

The White House says the One Big Beautiful Bill Act got rid of taxes on Social Security; finance experts disagree.

Just before breaking for the July Fourth recess, Congress passed a massive new tax law with the kind of name only Washington ...

Here's a look at whether you should be delighted or worried about the bill. (Spoiler: You may want to put away the confetti and noisemakers.) ...

If your income exceeds $150,000 for a single adult or $250,000 for a married couple, you won't qualify for the $6,000 senior ...

The Big Beautiful Bill brings strategic advantages for business owners, parents, and retirees – but only if you know how to ...

President Donald Trump's One Big Beautiful Bill Act (OBBBA) is his administration's signature legislation during his second term and includes tax cuts, health insurance cuts, green energy ...

The deduction will phase out at $75,000 in income for individuals and $150,000 for joint filers. So if you’re a middle-income household approaching or in retirement, you could benefit the most.

Many filers won’t be able to take full advantage of expanded deductions in the recently passed tax law.