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 ...

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 ...

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

Millions of recipients could soon be entitled to the tax break, should the provision make its way into the final bill.

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.

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 ...

House Republicans are looking for ways to pass President Donald Trump's policies via the budget reconciliation process.