News

3 Tax Breaks That Will Change This Year Because of the 'Big, Beautiful Bill'
The "One Big, Beautiful Bill" increases two significant tax deductions, but cuts clean energy tax credits for the 2025 tax ...
The Savings Game: How the Big Beautiful Bill Act will affect your taxes, finances
The giant tax and spending bill known as the One Big Beautiful Bill Act, or OBBBA, was signed into law by President Trump earlier this month. Given all the haggling and rewriting that went on in ...
How the just-passed ‘Big Beautiful Bill’ affects taxes on Social Security benefits
Legislation does not eliminate the tax on Social Security benefits, but it does provide a tax deduction that can cover taxes ...
How will your kid get the $1,000 Trump promised in the One Big Beautiful Bill?
President Trump promises to give $1,000 to every kid born from January 2025 to December 2028. 2-The Trump Savings Account is ...
FingerLakes1.com4d
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.
NerdWallet1d
How the ‘Big, Beautiful Bill’ Impacts Small-Business Owners
The "big, beautiful bill" offers tax breaks that can benefit small-business owners — but it may have additional impacts that ...
Accounting Today2d
Treasury will need to come up with guidance on Big Beautiful Bill
The Treasury Department and the IRS will need to roll out guidance to explain the bill's newer provisions and how they differ ...
Econostrum on MSN3d
IRS Raises 401(k) Limits to $23,500 in 2025 – Key Changes in the New Big Beautiful Bill
Americans saving for retirement will benefit from increased contribution limits for their 401(k) accounts in 2025, following a decision by the IRS. However, these adjustments come alongside the ...
NerdWallet on MSN1d
5 ‘Big, Beautiful Bill’ changes to marketplace insurance
President Donald Trump signed his “big, beautiful bill” into law on July 4, making changes to health insurance coverage for ...
Opinion
Investor's Business Daily on MSN20hOpinion
The Big, Beautiful Health Care Squeeze Is Here. What That Means For Your Coverage.
The Trump budget and key changes to eligibility and enforcement launched under Biden will squeeze Medicaid and ACA enrollment. What it means for your coverage.
PolitiFact2d
PolitiFact answers reader questions about the Big Beautiful Bill
As a candidate, Trump promised to lift taxes on overtime. The new law allows workers to deduct up to $12,500 in overtime compensation (for single filers) or $25,000 (for joint filers). This deduction ...