Individuals 65 and older who file singly have a total deduction of $23,750 starting in 2025, including the $15,750 standard deduction, the $2,000 existing senior deduction, and a new $6,000 senior ...

"What do you mean I'm paying taxes on my Social Security benefits?" some will no doubt ask. Already in July, I've spotted social media posts by tax professionals who dread the day when ...

I have been a pension nerd since I was 20 years old. So I have been hearing for literally decades that the simple, magical ...

President Trump made history. He signed into law the One Big Beautiful Bill — a once-in-a-generation victory that fulfills ...

Blackburn: Trump signed a law that cuts your taxes, bolsters border security and enhances Tennessee jobs, with zero cuts to Medicaid benefits.

Starting in 2025, the first $12,500 of overtime pay for single individuals (or $25,000 for married couples) will not be subject to Social Security and Medicare taxes.

While the final COLA won’t be announced until October, projections are becoming more refined as midyear data solidifies. This ...

President Trump’s One Big Beautiful Bill delivers the largest tax cuts in decades. But the benefits aren’t evenly distributed ...

Partisans will disagree over how "beautiful" President Donald Trump’s "Big Beautiful Bill" is. But there’s little question that Trump’s signature tax and spending legislation is "big." Since Trump ...

Vice President JD Vance on Wednesday made the Trump administration's first big pitch to sell the public on President Donald ...

The president’s marquee policy legislation is best known for slashing taxes and cutting social safety net programs. But the ...

NORTH CAROLINA, USA — President Donald Trump’s recently signed “Big Beautiful Bill” includes significant tax changes aimed at benefiting seniors, particularly those receiving Social Security. A recent ...