One Big Beautiful Bill, Tax Deduction and Texas retirees
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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 effect for the 2025 filing season. Aimed at middle-class workers, boomers and retirees,
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GoUpstate on MSNChamber of Commerce lobbyist touts One Big Beautiful Bill as "game-changer" for businesses
OneSpartanburg hosted an information session about the bill; audience members raise questions about cuts to Medicaid and clean energy tax incentives
Republicans' "big beautiful" bill includes a provision to help offset those levies. Here's how the new deduction, called a "senior bonus" in the legislative text, would work.
Progressives reflexively denounce tax cuts and spending cuts as “giveaways to the wealthy” or “stealing from the poor.” So, take it with a grain of salt when House Minority Leader Hakeem Jeffries, D-N.