Experts analyze President Trump's proposal to eliminate Social Security taxes and Brookings' bipartisan plan, noting impacts on beneficiaries and solvency.

President Donald Trump plans to fulfill his campaign promise to end taxes on Social Security benefit income. A new report finds that will benefit high earners.

Iowa Senator Joni Ernst, who is the Senate DOGE Caucus Chair, introduced two bills Monday that she says will ensure tax dollars are used to benefit all Americans instead of Washington insiders.

When you sell a home, you'll need to pay taxes on the amount of money you earned on the sale as capital gains. However, if you live in the home for two of the previous five years before selling, you ...

Gov. Lou Leon Guerrero on Wednesday said reducing the business privilege tax from 5% to 4% does not lower the costs of food, other goods and services for Guam’s consumers, following freshman Sen.

The Federal Reserve isn't in a rush to cut interest rates, which means you could be on the hook for more taxes next year on ...

By utilizing a trusted method, including the IRS Offer in Compromise (OIC) program, Clear Start Tax successfully negotiated a settlement that reduced her debt to just $500, allowing her to regain ...

In Ray Dalio's forthcoming book "How Countries Go Broke" he argues that the United States' budget deficit should be cut.

House Republicans released a budget plan Wednesday that sets the stage for advancing many of President Donald Trump's top ...

A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly. Learn more about common tax breaks and how to claim them. Many, or all, of the ...