“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often ...

A bill brought to the House of Representatives by Republican lawmakers would amend the tax code to remove taxes on Social ...

The Social Security program undergoes a series of revisions each year to ensure benefit payments keep pace with inflation and ...

Last year, the wage cap or the limit on taxable earnings sat at $168,600. In 2025, this increases to $176,100. This means that those earning more than $176,100, will pay no more than $10,918 in social ...

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

Navigating the complexities of Social Security benefits can be challenging, especially if you plan to continue working after ...

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It’s an ongoing movement. While campaigning last year, President Donald Trump promised to end federal taxes on Social Security, which are paid by about 40% of the roughly 70 million people who ...

That’s still on the low side among affluent countries, although there are some large world economies with lower taxes than the US (this chart shows 2022 data ... of federal revenue in recent years; ...