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2025 Tax Deduction Change for Those Over Age 65
For 2025, married couples over 65 filing jointly will also see a modest benefit. The extra deduction per qualifying spouse ...
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IRS 401K limits for 2025 rise to $23,500 amid new Big Beautiful Bill changes
IRS 401(k) limits increase to $23,500 in 2025. Here’s how the Big Beautiful Bill reshapes retirement, RMDs, and Roths.
Trump's ‘big beautiful bill' passes SALT deduction limit of $40,000. Here's who benefits
President Donald Trump’s “big beautiful bill” raises the SALT deduction cap to $40,000. Here’s who will benefit.
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What to Know About the New Tax Deduction for Older Adults
As a result, the new $6,000 deduction is stacked on top of both the regular standard deduction — $15,750 for single filers or ...
When does the 'Big Beautiful Bill' go into effect? See timing for no tax on overtime and more
The lengthy spending and tax bill was signed into law by Trump on July 4. Here's when some measures take effect.
How will no tax on overtime work? Here’s what Trump’s BBB means for your paycheck, taxes
So, Trump’s “no tax on overtime” law could mean bigger federal tax refunds for many middle-income workers across the ...
What does Big Beautiful Bill mean for your tax return?
Several of the provisions in the law are not permanent, and will expire in 2028.
GOP tax bill includes a $6,000 ‘senior deduction.’ Here’s who qualifies.
The provision emerged from President Donald Trump’s campaign pledge to end taxes on Social Security. But experts say many are ...
Here’s who will — and won’t — qualify for the new car loan interest deduction
President Donald Trump’s mega tax-and-spending cuts bill, signed into law last week, contains plenty of new tax provisions, the contours of which Americans are still digesting.