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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 ...
Kansas Citians dodged a 2026 tax hike when Congress passed the One Big, Beautiful Bill Act ... and itemized deductions are higher or where more filers benefit from new provisions, including deductions ...
In a statement, Vance communications director Will Martin highlighted provisions increasing the child tax credit and creating ...
The new tax law raises the SALT cap and secures the 199A deduction, giving pass-through entities fresh opportunities for tax planning and savings.
What are pass-through entity taxes, how have they changed, and why is planning in this space important for some types of businesses? We checked in with three local attorneys to find out.
The One Big Beautiful Bill (OBBB), signed into law on July 4, 2025, prevented a large, scheduled tax hike from hitting ...
Vice President JD Vance is traveling to Georgia on Thursday to continue his nationwide tour promoting the new Republican tax ...
Libertarians who say that certain tax deductions and credits are loopholes that need to be closed argue that these loopholes distort the tax code, are inefficient, subsidize high-income taxpayers, ...
The Sacramento Bee on MSN1d

Trump Announces Senior Tax Deduction

President Donald Trump has promoted a new $6,000 senior tax deduction and pledged to protect Social Security, and ...
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.
The One Big Beautiful Bill targets middle-income seniors, offering timely relief in a state with rising property taxes and ...