The GOP's latest fiscal proposal introduces a temporary $4,000 tax deduction for seniors, diverging from previous promises to eliminate Social Security taxes.

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 Republicans’ passing “one big,

A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know.

In the Republican tax bill, President Trump’s priorities are overshadowing the traditional “pro-growth” agenda.

The framework of President Trump's "big, beautiful' tax bill is coming into focus. Here is a look at what it will likely contain, from MAGA accounts to a bevy of campaign promises.

Medicare tax is taken out of your paycheck to pay for Medicare Part A, which provides hospital insurance to seniors and people with disabilities. The total Medicare tax amount is split between employers and employees, each paying 1.45% of the employee's ...

Four out of 10 Social Security beneficiaries pay income tax on a portion of their benefits, according to the Social Security Administration. While on the campaign trail last

The additional Medicare tax is a 0.09% tax on taxpayers who make over $200,000 as individuals or $250,000 as married couples. Started in 2013 as part of the Affordable Care Act, it helps fund care ...

The Department of Education and the Treasury Department are resuming collections for about five million defaulted student loan borrowers, starting with tax refunds. If borrowers do not return their loans to good standing,

Lehigh Valley school districts are planning to raise tax rates and draw on reserve funds as their proposed budgets see a rise in expenses amid uncertainty regarding state and federal funding.