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Other highlights include charitable contributions deductions, auto loan interest deduction for certain new vehicles, and ...
The White House says the One Big Beautiful Bill Act got rid of taxes on Social Security; finance experts disagree.
Trump's One Big Beautiful Bill solidifies tax cuts from the Tax Cuts and Jobs Act and adds new ones that will impact most ...
The Tax Policy Center crunched the numbers on the new tax cuts and credits—and the top 20% of earners will get the biggest ...
Given how wide-ranging the legislation is, it may take a while for everyday tax filers — including seniors with significant retirement savings — to understand how the details impact ...
The recent enactment of 'The One Big Beautiful Bill' by President Trump has sparked confusion over Social Security taxation.
Here is what President Donald Trump's massive tax and spending bill could mean for the U.S. economy and your finances.
Legislation does not eliminate the tax on Social Security benefits, but it does provide a tax deduction that can cover taxes ...
On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (the Act), Public Law 119-21. While the Act ...
President Trump vowed to end taxes on Social Security, but the One Big Beautiful Bill stops short of fulfilling that promise.
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The tax and spending bill signed into law by President Trump on July 4 includes a limited tax break for car buyers.
President Donald Trump has long touted eliminating taxes on Social Security. His administration says he has achieved it, but ...
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