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The IRS has released new guidelines to help taxpayers understand the Big Beautiful Bill, a sweeping tax reform law now in ...
A $6,000 senior tax break is drawing praise and criticism as experts warn of solvency risks while officials highlight modernization.
The Sacramento Bee on MSN10h

Trump Announces Senior Tax Deduction

President Donald Trump has promoted a new $6,000 senior tax deduction and pledged to protect Social Security, and ...
The Trump bill — which was enacted in early July — introduces an additional tax deduction for taxpayers who are 65 or older.
The White House says the One Big Beautiful Bill Act got rid of taxes on Social Security; finance experts disagree.