The exact dollar amount you'll save depends on several factors, including your annual income and tax filing status. A Council ...

The Trump bill — which was enacted in early July — introduces an additional tax deduction for taxpayers who are 65 or older.

Roughly 1.5 million Virginia retirees are expected to benefit from a new federal deduction that phases out taxes on Social ...

Roughly 400,000 Utah retirees are expected to gain from a new federal tax deduction that eliminates Social Security income ...

Sen. Sheldon Whitehouse says Republicans have quickly gone to work destabilizing Social Security, Medicare and the entire ...

For nearly 50 years after President Franklin D. Roosevelt signed the Social Security Act into law in 1935, benefits were ...

About three or four times a year, a client will offer a tip to Bill Nemeth for his work on their tax return. Accounting Today is a leading provider of online business news for the accounting community ...

What does the "Big Beautiful" bill mean for your Social Security as a retiree - and how can you plan for the potential ...

Trump's new tax law gives a boost to two provisions to help parents with high child care costs. Is one better than the other?

President Trump's 'One Big Beautiful Bill,' enacted on July 4th, introduces a $6,000 tax deduction for seniors aged 65 and ...

"No tax on tips" in Trump's so-called "One Big Beautiful Bill" starts in 2025 and expires in four years. It covers only the ...