Big Beautiful Bill, Donald Trump and Social Security
Digest more
The tax code is becoming charitable to many more donors thanks to changes in the new tax and spending law. That’s going to help nonprofit organizations that rely on donations, and also everyday Americans who are navigating new tax-code complexities within the One Big Beautiful Bill Act that President Donald Trump signed into law on July 4.
Trump’s domestic policy adds new borrowing limits and eligibility requirements for federal student aid programs.
The 'One Big Beautiful Bill' has stirred debates over its impact on Social Security benefits. Despite promises to eliminate taxes on these benefits, the current legislation falls short. Instead, it introduces a temporary 'senior bonus' deduction,