The “One Big, Beautiful Bill” is a historic win for American families, workers, seniors, small businesses and servicemembers, ...

Multiple polls have underscored the negative impact the bill may have on Republicans, potentially putting their House and ...

Senior Congress and Campaigns Reporter Riley Beggin breaks down the signature policy changes laid out in the recently passed ...

According to Gay, the law adds a $6,000 tax deduction for anyone 65 or older, regardless of whether they receive Social Security benefits. That's a key difference from the messaging around the bill.

While the bill does not outright eliminate Social Security taxes, as Trump had previously promised, it will indirectly eliminate them for the large majority of Social Security retirees. In fact, over ...

New $6,000 senior deduction cuts Social Security taxes for 88% of seniors, but speeds trust fund insolvency. SSA’s claims ...

The provision in question calls for $6 billion to be spent on border security technologies, including a “virtual wall” of ...

If I’m able to generate some extra money at the end of the year because of the tax cuts, I can choose how to use that increase.

Overtime hours and tips are lagniappe for some, but for others, they help them survive. Now, you might not have to pay taxes on either.

Qualifying Americans 65 and older are eligible for a deduction of up to $6,000 under the new law. If an individual’s income exceeds $75,000, the deduction is phased out. (For couples filing jointly, ...