On July 4, 2025, legislation known as the "One Big Beautiful Bill" was signed into law. Learn about the 2025 tax changes here ...

Financial adviser Devin Carroll got right to work over the Fourth of July weekend assessing his clients’ tax obligations ...

Now that President Donald Trump signed the bill, workers will be able to deduct up to $25,000 in reported tips and $12,500 in ...

Trump’s new megabill creates temporary deductions for federally taxable tips and qualified overtime pay, but there are some ...

Range reports high earners must pay quarterly estimated taxes if they owe over $1,000, with specific guidelines to avoid ...

President Donald Trump’s campaign promises to end taxes on tips and overtime pay have seemingly come to fruition in the GOP’s ...

What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is available to people with an adjusted gross incomes of $75,000 or less and ...

A new tax break aimed at seniors may lighten the load on retirees’ Social Security income, but it’s not as sweeping or ...

Last week, the president enacted a sprawling set of tax cuts that he believes to be the ingredients for rapid economic growth ...

President Donald Trump has long touted eliminating taxes on Social Security. His administration says he has achieved it, but ...