The One Big Beautiful Bill adds a new tax deduction for seniors, but it may accelerate Social Security’s insolvency by ...

The One Big Beautiful Bill, which has now been signed into law, is a piece of legislation with far reaching impacts. Our Jonathan Skinner recently sat down with financial expert Jay McGowan from The ...

Roughly 400,000 New Mexico retirees are expected to benefit from a new federal deduction that exempts most Social Security ...

Missouri retirees are expected to benefit from a new federal deduction that exempts most Social Security income from taxes ...

The mega tax law, dubbed Trump's Big Beautiful Bill, has made more items “indexed to inflation,” or set to receive an automatic cost-of-living adjustment each year. Americans already see these annual ...

Treasury Secretary Scott Bessent sparked political controversy after describing the new “Trump accounts” for newborns as “a ...

President Trump has pushed to make the federal government more efficient, but changes to tax law could lead to deeper Social Security cuts in the future.

The Republicans’ “big, beautiful bill” will make the poorest Americans even poorer, while padding the wallets of the highest ...

Workers who receive overtime pay can deduct only the pay that exceeds their typical rate, saving an average of $1,440 ...

The OBBB cut taxes for many Americans but also added to the national debt, which could be a problem for Americans in the long ...

The Republican Party’s big bill of tax breaks and spending cuts that Trump signed into law July 4 included what’s arguably ...

The BBB's new senior deduction is only available to adults 65 and older. High-income seniors won't be eligible to claim it.