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News

Tax Exemption, Beautiful Bill

USA TODAY on MSN · 16h
'One Big Beautiful Bill' offers Americans lots of tax benefits. Here are a few to plan for
It's not tax season, but now that Trump's spending bill is final, it's a great time to plan, experts say. Don't overlook these new benefits.
CBS News · 13h
Here's your potential tax cut in 2026 from the One Big Beautiful Bill Act
The new tax cuts and spending law signed by President Trump on July 4 could provide savings for all income groups, an analysis finds.
SFGATE · 16h
5 Key Takeaways: The One Big Beautiful Bill Act and Increases to the Federal Tax Exemption
A new law raises the federal estate tax exemption to $15 million. Here’s how it affects homeowners, heirs, and real estate-heavy estates.
9d
When does the 'Big Beautiful Bill' go into effect? See timing for no tax on overtime and more
The lengthy spending and tax bill was signed into law by Trump on July 4. Here's when some measures take effect.
PolitiFact
2d
PolitiFact answers reader questions about the Big Beautiful Bill
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 ...

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