While the more than 1,000-page tome contains many major changes, one has been called out most often: passing it will add $2.4 ...

One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

The Social Security Administration will be suspending payments for those who don't meet their requirements, so it's important ...

President Trump previously made a promise to eliminate federal taxes on Social Security benefits, and while the bill doesn't ...

A new bill offers seniors a temporary tax break but stops short of ending Social Security taxes, drawing criticism and facing ...

The bill passed by the House would raise the standard deduction by up to $4,000 for those 65 and over, starting in 2025 to ...

The IRS is set to implement significant changes in 2025 that will impact retirement savings and Social Security strategies.

Trump’s ‘One Big Beautiful Bill Act’ offers seniors tax breaks but keeps Social Security taxes, raising concerns over program ...

The IRS has issued a crucial reminder for retirees and other taxpayers with non-withheld income to make estimated tax ...

Social Security benefits may be taxed based on income—not age. Knowing the rules helps you plan smarter for retirement.

Many retirees are surprised to learn that their Social Security benefits can be subject to federal income tax. The IRS ...

With so much uncertainty surrounding Social Security and its solvency over the next 10 years, there is ongoing discussion ...