Range reports that Trump’s “Big Beautiful Bill” offers significant tax changes for high earners, including increased estate tax exemptions and expanded SALT deductions.

Given how wide-ranging the legislation is, it may take a while for everyday tax filers — including seniors with significant retirement savings — to understand how the details impact

KEY TAKEAWAYS The 'One Big, Beautiful Bill' introduced several new tax deductions, some of which will apply to the money you're making this year.Under the new law, taxpayers can deduct most of what they earn in tips and overtime,