A menu of options being circulated by congressional Republicans also includes new tax cuts for corporations and the ...

“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often ...

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That brings their total annual income to $42,000 and puts their combined income at $30,000. But a single tax-filer in that situation would then owe taxes on some of their Social Security benefits ...

Beyond its potential for steady income and long-term appreciation, real estate offers unique and powerful tax benefits that can lead to long-term protection of your assets. Some tax strategies ...

For most people, getting out of self-employment taxes will save a lot of money. LLCs do not allow that on their own. However, ...

When determining your income taxes in retirement and on your Social Security benefits, the IRS uses your “combined income” and filing status as the two main markers. At $36,000 a year from ...

The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...

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 ...

Uncover the income tax exemptions, property tax breaks, and other tax advantages available to retirees in Louisiana.

Will the new tax regime put more money in your pocket, or should you stick with the old regime? Here is all you need to know.