The new bonus deduction is available for taxpayers aged 65 or older that itemize their deductions. Single filers will receive $6,000 and for married-filing-jointly couples, $12,000 if both spouses are ...

U.S. Rep. April McClain Delaney (D-Dist. 6) called Trump's "One Big Beautiful Bill" the "worst piece of legislation I've ever ...

The Social Security Administration lied about the GOP budget bill in a message to beneficiaries. Can we trust anything it ...

Trump's new tax law, known as the "One, Big, Beautiful Bill," brings significant changes for Americans, especially older ...

Overwhelmed at understanding it, I turned to ChatGPT to learn more about what this bill means for retirees and their taxes ...

You’ve no doubt heard the phrase, “Minsky Moment.” It refers to the ideas of economist Hyman Minsky, who studied financial ...

Many Americans received an email from the Social Security Administration applauding the megabill's passage. Experts say it ...

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

If Elon Musk wants to lower the national debt, he needs to fund the Green Party. Last Saturday, Musk announced that he was creating the America Party. The billionaire previously floated the idea as he ...

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.

The 'One Big Beautiful Bill' has stirred debates over its impact on Social Security benefits. Despite promises to eliminate ...

President Trump promised “no taxes” on Social Security in his stump speech for his One Big Beautiful Bill Act. The bill contains the exact opposite, and Trump’s approach to the Social ...