Related: How the IRS taxes Social Security income in retirement. The new tax break is welcome news for the over 66 million ...

President Donald Trump first vowed to nix taxes on Social Security income during his campaign for the 2024 election.

The Social Security and Medicare Fair Share Act proposes targeting payroll tax loopholes for high-income earners.

A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know.

Trump has said for months that he wanted to end the federal income tax on Social Security benefits. About 6.3 million ...

Additionally, President Trump last month pushed Congress to approve a "big, beautiful" tax and spending bill that fulfills ...

Republicans' “one big beautiful bill” would eliminate taxes on tips and overtime, give new cuts to seniors, and make interest ...

A Republican tax proposal could give people age 65 and older an additional deduction of $4,000 in a “senior bonus” that would ...

House committees have been laboring for months to draft the legislation, which Republicans have labeled “THE ONE, BIG, ...

Donald Trump and the GOP's tax plan includes several provisions that benefit the rich and hurt the poor, while raising the national debt by trillions.

The bill increases the child tax credit from $1,000 to $2,500 through 2028 and to $2,000 in subsequent years, and requires Social Security numbers for claiming it. The bill increases the pass ...