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As a candidate, Trump promised to lift taxes on overtime. The new law allows workers to deduct up to $12,500 in overtime compensation (for single filers) or $25,000 (for joint filers). This deduction ...
Starting in 2025, the first $12,500 of overtime pay for single individuals (or $25,000 for married couples) will not be subject to Social Security and Medicare taxes.
The bill includes several tax-related initiatives, one of which is the elimination of tax on tips. Here's what to know.
21hOpinion
The New Republic on MSNMedicaid Cuts? Yes. But the GOP Is Quietly Cutting Medicare, Too.Of course, Congress can act to block the Medicare cuts, something it has done in the past. But radical Freedom Caucus ...
While the final COLA won’t be announced until October, projections are becoming more refined as midyear data solidifies. This ...
NORTH CAROLINA, USA — President Donald Trump’s recently signed “Big Beautiful Bill” includes significant tax changes aimed at benefiting seniors, particularly those receiving Social Security. A recent ...
21h
PublicSource on MSNTrump’s ‘big’ bill puts Medicaid on the chopping block. Here’s what that means in Pittsburgh.Trump's "big" bill puts Medicaid on the chopping block. From work requirements to loss of coverage, here are Pittsbughers' ...
17hon MSN
Vice President JD Vance on Wednesday made the Trump administration's first big pitch to sell the public on President Donald ...
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