News

President George W. Bush enacted the 2001 and 2003 tax cuts that gave the top 1% of households an average tax cut of over $570,000 between 2004 and 2012, increasing their after-tax income by more ...
To this point, if the income of the beneficiary with Social Security exceeds $25,000 per person or $32,000 if married and filing jointly, Social Security earnings are taxed at whatever tax bracket ...
Most retirees rely on their Social Security income, in some capacity, to make ends meet. Though Trump proposed ending the tax on Social Security benefits prior to and after his November election ...
In April, more than 52 million retired-worker beneficiaries brought home an average Social Security check totaling just shy of $2,000. Though this is a relatively modest monthly payout, a majority ...
The sweeping tax and spending bill backed by President Donald Trump includes significant changes to the U.S. tax code and public benefit programs, and Social Security beneficiaries will be ...
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 Social Security benefits.
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 Social Security benefits.
Low-income households pay very little taxes on Social Security income. The bottom 40% of households by income receiving benefits pay an average of less than 1% in taxes on their benefits.
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 Social Security benefits.
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 Social Security benefits.
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 Social Security benefits.