Of your many responsibilities as a small business owner, ensuring that your employees’ pay is calculated accurately rank ...

Find out how and how much can be deducted from your Social Security payments for taxes, debt or Medicare, and how to avoid ...

Since income earned above the wage base limit is not subject to Social Security payroll taxes, it's also not considered when ...

Seniors are unlikely to get a break on paying taxes on their Social Security benefits, an issue that impacts more people each year.

Despite promises to eliminate taxes on Social Security, benefits remain taxable in 2025 due to legislative and budget ...

House Republicans have included a proposal in their tax bill to provide a $4,000 deduction for individuals ages 65 and up.

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

fear of delayed checks and crumbling customer service at the Social Security Administration, Roth conversions on tax-deferred retirement accounts, and heart-wrenching explanations of why filing ...

President Trump during his campaign proposed exempting Social Security from federal income tax. Several lawmakers in Congress have recently introduced legislation that aims to accomplish the same ...

That's because you only pay Social Security taxes on the first $176,100 you earn in 2025. This limit, also known as the taxable wage base, has gradually increased over time. If you earn more than ...

Mr. Trump's suggestion last year that seniors shouldn't have to pay income taxes on Social Security benefits. "Seniors should not pay taxes on Social Security and they won't," Mr. Trump said while ...

"SENIORS SHOULD NOT PAY TAX ON SOCIAL SECURITY!" Trump posted. When the taxes first went into effect, the plan was to target wealthier older adults and those who were still working, but the ...