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.

Under this provision, in effect through the 2025 tax year, the Internal Revenue Service allows family caregivers to claim individuals who can't take care of themselves and are related by adoption, ...

The property tax deduction is great for homeowners. Here's how it works in 2024 and 2025 and what you can do to save money.

This means you won't owe taxes on Social Security benefits, pensions, or IRA and 401 (k). Moreover, New Hampshire is one of the few states with no sales tax, as per the latest updates.

Senate Republicans aim to remove taxes on guns in Trump's "big, beautiful bill," while Democrats plan to challenge "ideological trophies" through Senate rules.

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.

Winston-Salem homeowners will see a property tax increase next year under the city’s newly approved budget. The average homeowner is expected to pay nearly $100 more annually in property taxes.