The Trump Administration is saying that now there will be no taxes on Social Security benefits. Since we’re getting ready to start our 2025 income tax return, can you explain how this all works? Signe ...
By Russell Gloor, National Social Security Advisor at the AMAC Foundation, the non-profit arm of the Association of Mature American Citizens Dear Rusty: The Trump Administration is saying that now ...
Earlier this year, President Trump signed the One Big Beautiful Bill Act (the “OBBB”) into law. The OBBB has had a widespread impact on tax legislation, either amending or repealing many provisions of ...
President Donald Trump on July 4, 2025, signed into law H.R.1, commonly referred to as the One Big Beautiful Bill Act (OBBB). (For a detailed analysis of the bill, see Holland & Knight's previous ...
If you're a senior on Social Security, you may have heard claims that 88% of seniors on Social Security will no longer owe taxes on their benefits now that the "One Big, Beautiful Bill" (OBBB) has ...
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IRS updates tax withholding estimator for OBBB tax changes
The online tool is available 24/7 and does not require users to log in or provide personally identifiable information.
The One Big Beautiful Bill (OBBB) significantly increased the SALT cap, from $10,000 to $40,000. The higher $40,000 limit, however, is subject to a phaseout when taxpayers’ income exceeds certain ...
It also took a significant step to improving health care in rural areas by allocating $10 billion per year over the next five years to support rural hospitals and health care providers, redirecting ...
2026 is just around the corner—and we’re officially entering last-minute-decision territory for clients with access to nonqualified deferred compensation plans, or NQDC plans. Most employers require ...
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