News

The 'One Big Beautiful Bill Act' introduces a new tax break for seniors, offering immediate relief but raising questions ...
The deduction for seniors introduced under President Trump's 'big beautiful bill' offers temporary tax relief from 2025 to 2028.
A new bill in Congress could permanently eliminate federal taxes on Social Security benefits — a change that would impact ...
Lawmakers have introduced a new bill that aims to permanently end taxes on Social Security benefits. High-income earners may ...
However, instead of eliminating taxes on Social Security benefits, the bill included a new tax deduction for senior citizens ...
President Donald Trump's recently signed tax legislation, often referred to as the "big beautiful bill," offers some relief ...
In addition to nixing federal taxes on benefits, the proposal would raise the Social Security payroll tax cap to include annual earnings over $250,000.
The No Tax on Tips Act offers a new income tax deduction of up to $25,000 for certain workers—including chefs, tutors, and ...
Sen. Ruben Gallego’s proposal aims to protect seniors’ income while requiring higher earners to contribute more to Social ...
The tax break for tipped workers, worth up to $25K in 2025, sounds straightforward but doesn't apply to all tips or all jobs and occupations.
New employees must complete both Form W-4 (Employee’s Withholding Allowance Certificate) and Form VA-4 (Employee’s Virginia Income Tax Withholding Exemption Certificate) online using Employee ...