President Trump's 'One Big Beautiful Bill,' enacted on July 4th, introduces a $6,000 tax deduction for seniors aged 65 and older, potentially exempting 88% from Social Security taxes. While offering ...

Last week, on August 14, 2025, the Social Security Act celebrated its 90th anniversary — a milestone for one of the United ...

A $6,000 senior tax break is drawing praise and criticism as experts warn of solvency risks while officials highlight ...

The exact wording of the law actually stipulates a $6,000 tax deduction for individuals aged 65 and older, likely raising the ...

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 ...

Call it what you want, “kind and generous,” “unexpected blessing,” or “big and beautiful.” In the most recent major tax ...

The One Big Beautiful Bill offers targeted relief to middle-income seniors in one of the nation’s oldest states.

Roughly 4 million Texas retirees are expected to benefit from a new federal deduction that eliminates taxes on most Social ...

Roughly 1 million South Carolina retirees are expected to benefit from a new federal deduction that exempts most Social ...

Even after President Donald Trump’s megabill was passed, Social Security benefit taxes look the same as they did in the 1980s ...