The OASDI tax is deducted from an employee’s paycheck, and it’s factored into self-employment taxes. Find out how much you'll ...

Social Security benefits may be taxed based on income—not age. Knowing the rules helps you plan smarter for retirement.

U.S. employers and employees have to pay taxes as part of the Federal Insurance Contributions Act (FICA), which funds Social Security and Medicare. Read on to learn more about this tax -- how it's ...

Federal retirement has been a hot topic on Capitol Hill lately, with proposed changes sparking plenty of questions. Here’s a ...

The House bill would increase the child tax credit to $2,500 per eligible child from 2025 through 2028, among other changes.

The U.S. Senate passed the "No Tax on Tips Act" on May 20, a bill introduced by Sen. Ted Cruz of Texas that would create a tax deduction on tips worth up to $25,000. President Donald Trump ...

Question: Do you know if any agency or group is trying to get taxes on Social Security benefits changed to increase the ...

The U.S. House Energy and Commerce Committee advanced its portion of the fiscal year 2025 reconciliation bill, which includes the consideration of significant Medicaid cuts.

The U.S. Senate passed the "No Tax on Tips Act" on May 20, a bill introduced by Sen. Ted Cruz of Texas that would create a tax deduction on tips worth up to $25,000. President Donald Trump ...