News

How much Social Security do middle-class retirees get?
U.S. Census Bureau data from 2022 shows the national middle-class income range is between $49,271 and $147,828 — a span ...
Journal of Accountancy1d
Tax provisions in the One Big Beautiful Bill Act
The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...
A bigger tax break could be ahead for many people 65 and older: How it could work
How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's ...
Tax break for seniors: Trump bill includes additional $6,000 deduction
The sweeping domestic policy bill that passed the House on Thursday will boost the standard deduction for senior citizens by ...
Would You Qualify for a Tax Cut Under Trump's "Big Beautiful Bill"?
President Trump repeatedly stated that he wanted to end Social Security benefit taxes, but that's not what the OBBB does.
Make the Most of Your Child Tax Credit Refund: An Expat Parent’s Guide
How American Expats Can Receive the Child Tax Credit and Additional Child Tax Credit Overseas Raising kids is one of life’s greatest rewards but yes, let’s be realistic, it’s expensive. […] ...
What to know about the $6,000 ‘senior deduction’ in GOP megabill
The latest version of the GOP’s “big, beautiful bill,” which passed both houses of Congress this week and is headed to ...
Liz Weston: My mother died 10 years ago, and I never filed her last tax return. Should I do it now?
Answer: If you still have access to her paperwork, you can review her bank statements to see if there is any indication her ...