The recent proposal, dubbed by former President Trump as “a great and beautiful law,” includes the provision “No Tax on Tips” ...

This deduction would likely benefit people who earn modest incomes. The lowest-earning seniors already pay no federal income ...

A new analysis of the most recent income tax relief passed by state lawmakers shows the legislation disproportionately ...

Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...

You work and pay taxes on your income, and in exchange, you're eligible for benefits down the line. Of course, this is a very simplified explanation. There are certain earnings requirements you ...

Legislation moving through Congress includes significant breaks for the affluent as the House rebuffs President Donald ...

There's a good chance you'll end up having to pay taxes on your Social Security benefits in retirement, especially if you're still many years away from being able to file. Here's why. There are a ...

You must pay federal income taxes on unemployment benefits, but these payments are not subject to Social Security and Medicare taxes. Some states exclude unemployment benefits from income.

As of 2025, 41 states don't tax Social Security benefits. Not every retiree will have to pay state taxes on Social Security in these states, though. For example, Connecticut seniors who are single ...

Taxes on Social Security benefits apply at frustratingly low income thresholds. With the right strategy, you may be able to avoid having to pay those taxes. If that's a goal, you may need to go ...