What 2025

What 2025

President Trump signed his “one great beautiful act” (OBBA) into law, and Americans will see major changes to their finances. The final bill includes the Senior Prize, which helps to compensate for social security taxes, tax benefits for the service industry, and higher children’s tax credit, but will also perform in 2017. The Law on … Read more

Social security sends the wrong email. A letter saying “Big Beautiful Bill” ends in payments – here is what really changes

Social security sends the wrong email. A letter saying “Big Beautiful Bill” ends in payments – here is what really changes

The Social Security Administration sent a misleading email last week. A letter to recipients and other Americans about the Republican Budget Act recently signed by President Donald Trump. Lawyers are now trying to correct the record to ensure that the beneficiaries know how laws can affect their tax account. July 3 Social security sent an … Read more

See the surprises found in the GOP tax account

See the surprises found in the GOP tax account

Washington. The massive Republican tax and expenditure policy law would make more than income tax reduction, eliminate millions of Americans from Medicaid and food stamps, and increase funding for Trump’s deportation campaign. The Draft Law of nearly 900 Pages, which is expected to vote on July 2, includes less well -known provisions that directly affect … Read more

The short account contains an additional $ 6,000 deduction

The short account contains an additional $ 6,000 deduction

President Trump’s wide draft Law on Domestic Policy, which adopted a home on Thursday, provides an increase in $ 6,000 to the standard deduction of seniors from 2025 to 2028. The new temporary tax relief for $ 6,000 and $ 12,000 for couples – 65 years of age and over. This is started gradually for … Read more