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Income Taxes › Social Security › New Legislation

Income taxes are taxes that are collected on the individual earnings of persons or entities. Depending on the jurisdiction, income taxes are calculated and collected in a variety of ways. Some tax systems collect... more +
Income taxes are taxes that are collected on the individual earnings of persons or entities. Depending on the jurisdiction, income taxes are calculated and collected in a variety of ways. Some tax systems collect income taxes based on a progressive scheme, while others may utilize a proportional or regressive framework. less -
Greenbaum, Rowe, Smith & Davis LLP

One Big Beautiful Bill Act: An Overview of Tax Impacts for Individuals

Greenbaum, Rowe, Smith & Davis LLP on

The One Big Beautiful Bill Act (OBBBA) was signed into law on July 4, 2025. The legislation contains a multitude of changes to the tax law that may affect an individual’s personal income, estate, and gift taxes. This Alert...more

Roetzel & Andress

Social Security Still Taxed Under One Big Beautiful Bill Act

Roetzel & Andress on

As many people may remember one of Donald Trump’s campaign promises during the 2024 election was that he would eliminate taxes on social security. That did not happen. Instead, the recently enacted One Big Beautiful Bill Act...more

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