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.

The Trump administration's initial promise to eliminate federal taxes on Social Security benefits has transformed into a more ...

Millions of Americans rely on Social Security payments each month, which provide retirement, survivor, and disability ...

The way Social Security benefits are taxed is a crucial issue for millions of Americans, especially those nearing or in ...

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

The 'One Big Beautiful Bill Act' aims to temporarily ease the tax burden for Social Security beneficiaries, promising a ...

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

Permanently extend the individual tax cuts enacted by Trump's Tax Cuts and Jobs Act, which was signed into law in December ...

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