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More Thoughts on the “No Tax on Social Security” Workaround - Yahoo.com
Today’s headline article encourages strategic thinking about structuring your income to take full advantage of the temporary tax benefit. So, while we’re on that theme, here’s another article exploring the importance of income management and the phase-out parameters included in this portion of the OBBBA. The article, written by Vishesh Raisinghani and appearing on Yahoo.com’s Finance page, focuses on those to whom the increased deduction applies–tax filers age 65 and above–and provides suggestions to preserve the benefit of the increased deduction.
Raisinghani’s article uses a hypothetical situation to illustrate how relatively high earners could be affected by the tax law change. Check out the article here….