American Enterprise Institute

The OBBB Includes Conservative Welfare Reforms Worth Expanding

Republicans have plenty to tout in their One Big Beautiful Bill (OBBB), including its extension of the 2017 Trump tax cuts, improved border security, and strengthened national defense. . . But the new ...
The Journal

5 ways the OBBB gives farmers flexibility and financial clarity

Editor’s note: Pinion Global’s Keaton Dugan is a new columnist to replace Maxson Irsik. The One Big Beautiful Bill Act, signed into law on July 4, has become a common topic around kitchen tables ...
Think Advisor

Medical Expense Exemption from OBBB Deduction Limits

The TCJA suspended the pre-existing Pease limitation that limited the value of itemized deductions for high income taxpayers. The Pease limitation did not apply to the medical expense deduction, which ...
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Could You Benefit From the New Senior Tax Break? Find Out If You Qualify for Lower Taxes

For seniors aged 65 or older, you might owe less in taxes when you file next year. A new senior tax break Trump's new tax bill, the One Big Beautiful Bill (OBBB), offers an additional $6,000 standard ...

Qualify for the $6,000 senior tax break

Fact checked by Vikki Velasquez Key Takeaways Seniors aged 65+ may receive an additional $6,000 deduction from 2025 to 2028.Higher-income seniors won't qualify for the full $6,000 deduction.The ...