A recent legislative proposal aims to alleviate the tax burden on Social Security benefits, promising financial relief for ...

Meanwhile, Trump said he plans on announcing new tariffs at least twice this week, including against China, Mexico and Canada ...

Trump's latest idea may be popular, but won't get us far Scrapping the U.S. penny, as President Trump has just vowed to do, would save the government enough money to pay for 0.02% of the cost of ...

House Speaker Mike Johnson faces a significant challenge in balancing President Trump’s ambitious tax cut proposals with ...

Income taxes don't end just because you've reached your senior years. In some cases, federal tax returns for seniors are ...

One of the most significant decisions anyone with a pension can make is taking a lump sum (annuity) versus receiving monthly ...

As of fiscal 2024, the U.S. pays 2.72 cents to make each penny, according to the Mint. The counterargument used to be that a ...

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

According to the IRS, tax fraud and scams cost Americans a staggering $5.5 billion in 2023 alone. Whether you’re filing your taxes yourself, using tax software, or hiring a professional, ...

Voters are clear in how they want Congress to shore up the massively popular program’s deteriorating finances, but lawmakers ...

The Trump administration has directed the CFPB to cease most operations, raising concerns about consumer protection in the ...

Importantly, Trump is not the only politician to float that idea, nor is support limited to one political party. For instance ...