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Trump’s big bill offers $6K tax break for seniors — but not everyone gets a cut. Here’s how much you may save
Because the deduction starts to phase out for single filers earning over $75,000 and married couples making over $150,000 — with full disqualification at incomes above $175,000 for individuals and $250,000 for couples — the Urban-Brookings Tax Policy Center projects that middle- and upper-middle-income households stand to gain the most.
President Donald Trump rolled out the idea for a new tax break on car loans during a 2024 campaign stop in Detroit. Here's how the new law works.
The White House touts President Trump's six-month achievements in tax cuts, job growth, and regulatory reforms.
How the Trump transaction tax is a trap. Excitement after the 2024 election for an M&A boom has given way to a new reality, ...
One of President Donald Trump's biggest promises to seniors during his 2024 campaign was that he would eliminate taxes on Social Security income. Taxes on retirement benefits can be complex and place ...
Korea JoongAng Daily on MSN6h
Trump's tax cuts could axe $1.9 billion in Korean EV sales, report saysThe implementation of the “One Big Beautiful Bill Act”, a large-scale tax cut package in the United States that took effect ...
Econostrum on MSN3h
Trump’s Social Security Tax Cut: What You Need to Know About the New Tax LawPresident Donald Trump’s promise to eliminate the tax on Social Security benefits was a key talking point in his 2024 campaign. The recent tax reform bill, signed into law on July 4, 2025, takes a ...
Money Talks News on MSN4h
Solar Tax Credit Vanishes: Homeowners Face $9,000 Loss Under Trump's New Bill After 2025President Trump's latest legislation eliminates the 30% federal solar tax credit after December 2025, ending the program ...
President Donald Trump's "big beautiful bill" includes a section for "no tax on tips." Now that the provision is enacted, ...
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