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

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 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.

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

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

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

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 ...

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

Amidst growing concerns about the solvency of Social Security, a new bill, H.R. 904, proposes to eliminate federal taxes on ...

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

The Trump administration's proposals regarding Social Security are taking a new direction in the legislative landscape.