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The new tax law raises the SALT cap and secures the 199A deduction, giving pass-through entities fresh opportunities for tax planning and savings.
What are pass-through entity taxes, how have they changed, and why is planning in this space important for some types of businesses? We checked in with three local attorneys to find out.
President Trump's 'One Big Beautiful Bill,' enacted on July 4th, introduces a $6,000 tax deduction for seniors aged 65 and ...
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Explícame on MSN$6,000 Senior Bonus Puts Social Security Fund at Risk; Trump and Bisignano Deny It
A $6,000 senior tax break is drawing praise and criticism as experts warn of solvency risks while officials highlight ...
The One Big Beautiful Bill (OBBB), signed into law on July 4, 2025, prevented a large, scheduled tax hike from hitting ...
Vice President JD Vance is traveling to Georgia on Thursday to continue his nationwide tour promoting the new Republican tax ...
The exact wording of the law actually stipulates a $6,000 tax deduction for individuals aged 65 and older, likely raising the ...
Libertarians who say that certain tax deductions and credits are loopholes that need to be closed argue that these loopholes distort the tax code, are inefficient, subsidize high-income taxpayers, ...
Until enactment of the One Big Beautiful Bill Act, officially P.L. 119-21, the availability of a below-the-line deduction that was not the standard deduction or an itemized deduction was a rare event.
Roughly 100,000 Wyoming retirees are expected to benefit from a new federal deduction that eliminates taxes on most Social ...
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