Tag: Big Beautiful Bill

Asian senior couple checking and calculate financial bill together on sofa

Part of the recently passed tax bill includes what the administration is calling “No Tax on Social Security.” The bill does not directly remove taxes on Social Security payments, but it does provide an additional deduction for seniors under certain income limits. This provision may effectively reduce – or, in some cases, even eliminate –…

Donald Trump signing the Big Beautiful Bill into law with Congressional leaders clapping

How the OBBBA Cuts a Tax that Truly Benefits Only the Mega Rich. Like the majority of Americans, I sometimes find myself unimpressed with the U.S. Congress.  In fairness, they have a tough job balancing the interests of a country as large and diverse as the U.S.  Yet, the recently passed One Big Beautiful B…