Senior Deduction, One Big Beautiful Bill
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The IRS has released new guidelines to help taxpayers understand the Big Beautiful Bill, a sweeping tax reform law now in effect for the 2025 filing season. Aimed at middle-class workers, boomers and retirees,
The staggered nature of President Donald Trump’s One, Big, Beautiful Bill Act means its full impact will not be seen for several years.
The mainstream media and liberal politicians can spin their tales, but numbers don’t lie: America is in the midst of an economic resurgence. President Donald Trump’s pro-growth agenda, embodied in […]
The Trump bill — which was enacted in early July — introduces an additional tax deduction for taxpayers who are 65 or older. The deduction could be up to $6,000 for an individual tax filer and up to $12,000 for a married couple if both spouses qualify.