Tax Deduction

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Social Security benefits: How to tell if they will get cut, plus common tax questions answered
Yahoo Finance· 2025-07-12 16:00
Millions of seniors will see smaller social security checks starting in July. The reduced benefit payments are how the Social Security Administration is attempting to recoup money that it overpaid to some Americans. The administration plans to withhold 50% of a beneficiary's monthly check until the sum of their overpayments is reclaimed.But many people have questions about this and we want to give you answers. So joining me now is Yahoo Finance's Carrie Hannon and Bob Pal in a Social Security edition of Ask ...
X @Investopedia
Investopedia· 2025-07-09 16:30
The Social Security Administration said the bill ensures most Social Security beneficiaries will no longer pay federal income taxes on their benefits. Instead, the bill provides a temporary tax deduction some are calling a "senior bonus." https://t.co/hwyiwzimvJ ...
'Big beautiful bill' changes the tax code on charitable giving
CNBC Television· 2025-07-09 13:44
So we are talking about charitable giving and charitable giving as a whole increased to a record $590 billion last year of course mainly driven by all that stock market wealth but the tax changes in the big beautiful bill which has now of course become law could cause a big shift in who gives and how much. So provisions allow a new charitable deduction for those who take the standard deduction and they don't itemize. So that's going to be up to $1,000 for individuals and $2,000 for married couples.To pay fo ...
'Big beautiful bill' changes the tax code on charitable giving: Here's what to know
CNBC Television· 2025-07-09 11:50
A series of tax changes buried in President Trump's big beautiful bill have the potential to upend the balance of philanthropy. And Robert Frank joins us now with his inside wealth report. We get inside.You don't want to be outside the wealth. You want to be inside. It's today's report. Is this today's report.Today we are. You're not doing yesterday's or tomorrow's. You're doing tomorrow's.We are inside wealth today. Unbelievable. And so we are talking about charitable giving and charitable giving as a whol ...
X @Bloomberg
Bloomberg· 2025-06-30 09:40
Congress wants to make the pass-through tax deduction permanent. It’s a bad idea, @foxjust says (via @opinion) https://t.co/cV5mJN8bH4 ...
Republicans Remain Split on SALT Deal as Deadline Looms
Bloomberg Television· 2025-06-26 14:24
House and Senate Republicans from high-tax states remain at odds over limits on the state and local tax deduction despite a meeting with Treasury Secretary Scott Bessent to try to resolve differences. Suzanne Lynch reports on Bloomberg Television. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-th ...
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Investopedia· 2025-06-24 12:30
Congress Is At Odds Over State and Local Tax Deductions. What That Means For You https://t.co/jrhR4qZtdB ...
Rep. Nick LaLota: The House reconciliation bill as is puts us on the right track
CNBC Television· 2025-06-20 13:35
Senate Republicans has set up a potential fight uh with the uh House following massive changes uh to the president's tax bill. A sticking point in the House raising the state and local tax deduction to $40,000. The Senate uh would like it to remain where it is at $10,000.Joining us now, Republican uh Congressman Nick Loa. Congressman, thanks for uh for joining us this morning. Can you you can make the case for for 40,000. Can you make the case for taking Can you make the case for taking it off completely.Ye ...
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蓝色柳林财税室· 2025-06-12 10:42
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