The Social Security Administration says most won’t pay federal income taxes on their benefits. But Congress didn’t directly ...

Recent claims about the elimination of federal taxes on Social Security benefits have stirred confusion among American ...

What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is ...

New tax breaks on tip income and overtime pay will go into effect in 2025, part of the megabill that President Trump signed ...

The Internal Revenue Service has released the federal income tax brackets for 2025. A key point for taxpayers is that the ...

T he federal tax credit for electric vehicles (EVs), which was expected to last through 2032, is set to expire towards the ...

National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...

Clear Start Tax clarifies why some states still require Form 1095-A, even though the federal health coverage penalty was ...

The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...

Navigating the complexities of Social Security taxation is crucial for millions of Americans, especially retirees. Recent ...

Taxpayers could face significant hurdles during the 2026 tax filing season after the Internal Revenue Service (IRS) reduced ...