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 ...
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 ...
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 ...
HSAs are a great way to save money for health expenses. President Donald Trump's 2025 tax bill, the "big, beautiful bill" (OBBB), changed many aspects of the U.S. tax code. Among those changes was an ...
The Congressional Budget Office estimates that the OBBB Act will increase the national debt by $4.1 trillion over the next 10 years. The bill increased the statutory debt limit by $5 trillion. The U.S ...
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 ...
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 ...
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 ...