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

President Trump is scheduled to sign the bill into law at 4 p.m. on July 4 at the White House, locking in tax reductions and ...

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 ...

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

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

(That’s up $1,000 from the 2023 tax year's limit since the gift tax is one of many tax amounts adjusted annually for inflation.) For married couples, the combined 2024 limit was $36,000.