What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is ...

The President promised no taxes on Social Security. The OBBBA keeps that promise for some taxpayers. It is not, however, a ...

The changes won’t happen all at once. Here’s when Americans can expect key provisions of the GOP tax and spending bill to go ...

The Social Security Administration says most won’t pay federal income taxes on their benefits. But Congress didn’t directly ...

Recent claims about the elimination of federal taxes on Social Security benefits have caused confusion among American ...

Does President Trump's new economic law really wipe away taxes on Social Security and tips? CBS News MoneyWatch correspondent ...

President Donald Trump got his wish, signing the much-debated "Big, Beautiful Bill" on July 4. The spending bill passed the ...

A key provision included in the law will raise the cap on the State and Local Tax (SALT) deduction to $40,000.

Tax breaks in the megabill, like no taxes on tips and overtime, only apply to people at certain income levels.

Trump initially sparked hysteria in the financial markets by announcing tariff rates on dozens of countries, including 24% on ...

Even if you’ve paid off a home by retirement, many seniors have to pay ongoing property taxes. To reduce this burden, many ...