The recent passage of the One Big Beautiful Bill Act (OBBB) has fundamentally transformed the landscape for existing student loan borrowers, creating both new challenges and opportunities for those currently managing debt. Understanding how to navigate these changes while dealing with existing repayment obligations has become critical for millions of Americans facing an unprecedented default … Read more
The One Big Beautiful Bill Act, passed on July 3, 2025, represents a significant overhaul of tax policy affecting U.S. Social Security recipients. This legislation was purportedly designed to fulfill President Trump’s campaign promise to eliminate federal taxes on Social Security benefits, though it only partially achieves this goal and only through an indirect approach … Read more
On July 4, 2025, President Donald J. Trump signed the One Big Beautiful Bill Act into law, making a significant change in the federal policy of taxing tip incomeding some relief to many service industry workers across the United States. The New Tip Tax Deduction Framework The legislation creates a specific federal income tax deduction … Read more