Dear Savvy Senior: Do I have to pay taxes on my Social Security retirement benefits? I heard that President Trump’s big, beautiful bill eliminated that. What can you tell me? — About to Retire Dear ...
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Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 ...
The 2025 income limit for the tax credit for lower-income workers who save for retirement will increase slightly to $39,500 ...
IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...
The law, conceived under the One Big Beautiful Bill Act of 2025, is set to take effect in tax years 2025 to 2028. For now, however, it still is in a draft form, but is making waves throughout ...