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Senior Deduction, Big and Beautiful Bill

800,000 Retirees in Oregon Qualify For The 'Senior Deduction' Under Big, Beautiful Bill

Roughly 800,000 retirees in Oregon are expected to benefit from a new federal deduction that exempts most Social Security income from taxes starting in 2026. The One Big Beautiful Bill offers

1 Million Retirees in South Carolina Qualify For The ‘Senior Deduction’ Under Big, Beautiful Bill

South Carolina retirees are expected to benefit from a new federal deduction that exempts most Social Security income from taxes.

400,000 Retirees in New Mexico Qualify for the 'Senior Deduction' Under Big, Beautiful Bill

Roughly 400,000 New Mexico retirees are expected to benefit from a new federal deduction that exempts most Social Security income from taxes starting in 2026.

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What the Big Beautiful Bill Means for You: New IRS Guidelines Break It Down

The IRS has released new guidelines to help taxpayers understand the Big Beautiful Bill, a sweeping tax reform law now in ...

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Trump's Tax Reform: New Deductions You Can Apply For

The U.S. tax landscape is set for significant changes with the 'One Big Beautiful Bill Act' (OBB), signed by President Donald ...

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The Left’s “Tax Cuts for the Rich” Bogeyman Doesn’t Apply to Big Beautiful Bill

Progressives reflexively denounce tax cuts and spending cuts as “giveaways to the wealthy” or “stealing from the poor.” So, ...

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Does Trump’s new ‘big beautiful bill’ change the age at which older Americans should start claiming Social Security?

The Trump bill — which was enacted in early July — introduces an additional tax deduction for taxpayers who are 65 or older.

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