Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn’t ...

President Trump repeatedly stated that he wanted to end Social Security benefit taxes, but that's not what the OBBB does.

President Trump’s “Big, Beautiful Bill” will cut taxes on Social Security income—but not everyone qualifies. Here’s what it ...

The provision emerged from President Donald Trump’s campaign pledge to end taxes on Social Security. But experts say many are ...

When President Trump was running for office, one of the things he pledged to do was eliminate taxes on Social Security. There are many seniors who don’t pay taxes on those monthly benefits, but it’s ...

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's ...

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's passed by Congress.

Up to 85 percent of Social Security benefits can be taxed—but a new deduction will reduce how much seniors need to pay.

For example, let’s say a couple married in 2024. One individual earned $60,000 per year, while the other earned $200,000 per ...

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

An annual update from Social Security says the safety net program's trust fund will run out of cash in eight years. After that, payroll taxes will cover only about 77% of expected benefits.

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