The GOP Congress is looking at including employer-provided benefits like free transportation, food and gyms as taxable income ...

These tax proposals are still in the early stages and other aspects of Trump's tax promises would help workers, such as tax breaks on tips, overtime pay and Social Security benefits. The concept ...

Keeping as much of your Social Security benefits as you can is essential for many households. That means keeping taxes on your Social Security income low. One of the biggest challenges for seniors ...

While you might only pay 10% on your additional distribution, you could also increase your taxes on Social Security benefits at the same time. That could make your real marginal tax rate much higher.

Accordingly, a change in tax slabs will benefit all these persons. How will a person with an income of ₹12 lakh benefit from new rates? Any individual earlier was required to pay a tax of ...