Will the standard deduction increase cut taxes on Social Security benefits? For context, the estimated average monthly Social ...

Millions of workers hoping to grab Labor’s new $1000 “instant” tax deduction will be waiting a while, and even when it arrives it could prove costly for many people.

Updated table of LTCG and STCG capital gains tax rate for equities including income from foreign currency bonds released by Income Tax Department ...

To fulfill Trump's campaign promise, House GOP lawmakers want to offer a tax deduction for car loan interest. How would it ...

As the 2026 tax landscape begins to take shape under President Trump's newly released budget proposal, one key question has emerged for millions of retirees: will Social Security i ...

One big reason was a tax provision known as SALT, the state and local tax deduction. I asked Today, Explained ’s Devan ...

Here's how the bonus would work: Americans ages 65 and older who don't itemize their taxes would get a $4,000 bonus on top of the standard deduction, under the current proposed budget. The deduction ...

House Republicans have passed their “One Big Beautiful Bill Act”—that’s indeed the title—to be sent to the Senate for ...

Federal taxes would increase for many if Congress fails to renew tax cuts, but the legislation favors the rich.

The tax provisions of the House Republican reconciliation bill double down on the failures of the 2017 tax law, which was ...

Benefits are front and center of the political debate once again after Republican-backed tax bill attracted attention for a series of cuts. So is a cut to Social Security taxes on ...

The tax portion of Republicans’ wide-ranging bill full of President Trump’s domestic priorities would cost $3.7 trillion over ...