Social Security is a crucial source of income for many seniors, so understanding the details of how these benefits work is ...

"Individuals who receive qualified overtime compensation may deduct the pay that exceeds their regular rate of pay – such as the 'half' portion of 'time-and-a-half' compensation," the IRS said. The ...

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

A new bill would permanently end taxes on Social Security, letting retirees keep more and pushing solvency past the 2034 ...

The Tax Cuts and Jobs Act of 2017 (TCJA) temporarily reduced individual income tax rates, decreasing, for example, the top ...

IRS regulations are changing retirement benefits for high-earning workers 50 and older, impacting catch-up contributions and Roth 401(k) plans.