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Trump, Tax Bill

Here’s how Trump’s spending bill will impact your money: child tax credit, no tax on tips and more

Now that the tax and spending bill ahs been signed into law, how it will impact the finances of Americans is more clear.

The Sacramento Bee on MSN · 1h

Californians get larger state and local tax deductions under Trump's big bill

Californians will be able to deduct more of their state and local taxes on their federal income tax returns thanks to the Big Beautiful Bill President Donald Trump has signed into law.

HuffPost on MSN · 11h

Trump Officials Are Doing Everything They Can To Obscure The Actual Fallout Of His Tax Bill

In interviews on Sunday, Trump officials did everything they could to downplay the Medicaid cuts in his massive tax bill, given the electoral backlash Republicans could face.

Social Security, tax deduction

CBS News on MSN · 2d

Does the "big, beautiful bill" eliminate taxes on Social Security?

What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is available to people with an adjusted gross incomes of $75,000 or less and $150,000 or less for couples filing jointly. The deduction is set to expire at the end of 2028.

Seattle Times · 18h

Social Security Email Says Policy Bill Eliminates Tax on Benefits. Does It?

In a celebratory email sent to Americans, the Social Security Administration praised the Trump administration’s sprawling budget and tax bill and said it eliminated federal income taxes on most retirees’ benefits.

NBC New York · 12h

What does the new Social Security tax deduction mean for seniors over 65?

President Trump's "big, beautiful bill" included a "senior bonus," a new temporary tax deduction for Americans over 65.

7hon MSN

Trump tax bill averts one debt crisis but makes future financial woes worse

President Donald Trump's tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S ...

17h

READER POLL: President Trump’s $3.3T ‘big, beautiful’ bill locks in tax cuts and makes cuts to Medicaid and SNAP. Do you support it?

What do you think of President Donald Trump’s so-called “big, beautiful bill, which he signed into law on July 4 after narrow ...

2don MSN

Congress' Newly Passed Bill Means Homeowners Could Save Thousands In Taxes

A key provision included in the law will raise the cap on the State and Local Tax (SALT) deduction to $40,000.

2h

Palm Beach County preserved hospitals' Medicaid money before Trump tax bill took effect

A move that commissioners made July 2, two days before the 'Big Beautiful' bill took effect, will generate nearly $300 ...

2don MSN

Lose bets, pay taxes? New bill has some gamblers apoplectic.

A provision that allows bettors to deduct only 90 percent of their losses threatens to drive some professionals to other ...

2don MSN

Elon Musk digs in on new political party threat after tax bill passage

Tesla founder Elon Musk reiterated his proposal for the United States to establish a new political party called the “America ...

3don MSN

Rice University faces $10.1M hit from new endowment tax in Trump bill

Rice University will pay $10.1 million in endowment taxes under Trump's bill, impacting student aid and university budgets.

1don MSN

Sunday shows preview: Trump signs ‘big, beautiful bill’ into law; ‘No progress’ made on Russia-Ukraine ceasefire

President Trump scored a significant legislative win this week by signing the “big, beautiful bill,” a massive reconciliation ...

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