Here's how the bonus would work: Americans ages 65 and older who don't itemize their taxes would get a $4,000 bonus on top of ...

Related: How the IRS taxes Social Security income in retirement. The new tax break is welcome news for the over 66 million ...

Additionally, President Trump last month pushed Congress to approve a "big, beautiful" tax and spending bill that fulfills ...

Trump has said for months that he wanted to end the federal income tax on Social Security benefits. About 6.3 million ...

Trump reversed former President Joe Biden's overpayment and recovery rules by implementing a 50% clawback rate on a person's ...

President Donald Trump signaled his support for Republicans raising taxes to accomplish his sweeping budget agenda.

The Social Security and Medicare Fair Share Act proposes targeting payroll tax loopholes for high-income earners.

Republicans are loudly embracing President Donald Trump's populist priorities, though critics say a sweeping tax-cut bill ...

President Donald Trump wants to end the federal tax on Social Security. Congressional tax writers will begin considering the ...

The Social Security Board of Trustees expects the program to become insolvent in the next decade, which would result in a ...

Many taxpayers could see even more money in their pockets in coming years under a sweeping tax and spending cuts package that ...

Freeing Americans from income tax for their first 25 years in the workforce would transform lives—and the nation.