Retirees may need to adjust their financial plans in light of changes introduced by the recently passed Big Beautiful Bill ...

About three or four times a year, a client will offer a tip to Bill Nemeth for his work on their tax return. Accounting Today is a leading provider of online business news for the accounting community ...

What does the "Big Beautiful" bill mean for your Social Security as a retiree - and how can you plan for the potential changes ahead?

Older Americans can now benefit from a "senior bonus" tax deduction, but it largely depends on their income. SACRAMENTO, Calif. — A new temporary tax deduction for older Americans, dubbed the “ senior ...

President Trump's 'One Big Beautiful Bill,' enacted on July 4th, introduces a $6,000 tax deduction for seniors aged 65 and ...

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 ...

The One Big Beautiful Bill targets middle-income seniors, offering timely relief in a state with rising property taxes and ...

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

Roughly 200,000 retirees in South Dakota are expected to benefit from a new federal deduction that exempts most Social ...