If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phases out ...

Extending the 2017 tax cuts alone could save the typical household $2,900, but the legislation also affects overtime, tips ...

The House Republican multi-trillion-dollar tax package includes a bigger child tax credit. If enacted, here’s who could benefit from the changes.

A bigger SALT deduction, cuts to Medicaid, and new MAGA accounts are in the House GOP’s bill. Here’s how it may impact you.

The typical retired worker on Social Security today collects about $2,000 a month. Some seniors get more, while others get ...

Federal taxes would increase for many if Congress fails to renew tax breaks, but the legislation favors the rich.

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do just that has become a point of contention and a possible roadblock to House ...

Understanding "Combined Income" is key to knowing if your Social Security benefits are taxable. Learn how it’s calculated, ...

The bill would make key portions of the TCJA permanent and create a new "senior bonus" deduction, among its many provisions. An AICPA statement said it is “deeply troubled” by the plan to curtail use ...

The Affordable Care Act determines income eligibility for Medicaid based on Modified Adjusted Gross Income (MAGI). To receive ...

House Republicans have included a proposal in their tax bill to provide a $4,000 deduction for individuals ages 65 and up.

The House Republican tax bill calls for a bigger child tax credit. If enacted, here’s who could benefit from the changes, ...