What's the new bonus tax deduction in Trump's 'Big Beautiful Bill' and do you qualify?
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Excited About No Tax on Tips? Bonus Senior Deduction? Not in These States President Trump’s new tax initiatives — including no tax on tips and a bonus deduction for seniors — are generating excitement among workers and retirees. But several states are choosing not to follow the federal changes, meaning residents there won’t receive the same benefits. Supporters say Trump’s tax breaks offer meaningful relief for middle-class Americans, while critics argue states must retain control over their own
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