By Russell Gloor, National Social Security Advisor at the AMAC Foundation, the non-profit arm of the Association of Mature American Citizens Dear Rusty: The Trump Administration is saying that now ...
The Trump Administration is saying that now there will be no taxes on Social Security benefits. Since we’re getting ready to start our 2025 income tax return, can you explain how this all works? Signe ...
The administration of President Trump has unveiled the 'One Big Beautiful Bill' (OBBB), a comprehensive tax reform initiative aimed at enhancing economic prosperity and reducing the national deficit.
Earlier this year, President Trump signed the One Big Beautiful Bill Act (the “OBBB”) into law. The OBBB has had a widespread impact on tax legislation, either amending or repealing many provisions of ...
The One Big Beautiful Bill Act (OBBB), signed into law on July 4, 2025, includes sweeping changes to the U.S. Internal Revenue Code (Code). Changes involve the expansion of excise taxes imposed on ...
If you're a senior on Social Security, you may have heard claims that 88% of seniors on Social Security will no longer owe taxes on their benefits now that the "One Big, Beautiful Bill" (OBBB) has ...
The One Big Beautiful Bill (OBBB) significantly increased the SALT cap, from $10,000 to $40,000. The higher $40,000 limit, however, is subject to a phaseout when taxpayers’ income exceeds certain ...
It also took a significant step to improving health care in rural areas by allocating $10 billion per year over the next five years to support rural hospitals and health care providers, redirecting ...
2026 is just around the corner—and we’re officially entering last-minute-decision territory for clients with access to nonqualified deferred compensation plans, or NQDC plans. Most employers require ...