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 ...
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 ...
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 ...
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 ...
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 ...
Trump's 'Big Beautiful Bill' expected to increase household energy costs in Minnesota
An analysis by a think tank found that annual household energy costs in the state will increase $110 by 2030 and $410 by 2035 ...