A recent email from the Social Security Administration claims that Trump's tax cuts eliminate federal taxes on most Social Security benefits. However, experts and officials dispute this claim, raising concerns over misinformation.
Experts warn that the new 'Big, Beautiful Bill' could have significant consequences for taxpayers, gamblers, and consumers. With changes to deductions and cuts to consumer protections, many Americans may face unexpected financial burdens.
In a bold claim, Trump insists his tax plan will eliminate taxes on Social Security. However, the reality is far more complex. Discover the truth behind the proposal and its potential effects on seniors.
As Senate Republicans rush to finalize Trump's sweeping tax and immigration proposal, they face pushback from House GOP members who claim the Senate bill strays too far from their original framework. Key issues like Medicaid cuts and tax deductions are at the center of the debate.
Senate Republicans have unveiled a controversial tax plan that slashes the child tax credit and state tax deductions, setting the stage for a showdown with the House. Key provisions aim to balance Trump's tax agenda with new spending promises.
Tensions rise as the yield on 30-year Treasury bonds surpasses 5%. Investors question America's fiscal future amid Trump's budget bill discussions that could reshape U.S. financial policy, impacting households and businesses alike.
In a surprising move, the Senate passed the 'No Tax on Tips Act,' potentially offering up to $25,000 in tax deductions for tipped workers. This bipartisan legislation aims to provide financial relief to millions of Americans.
A little-noticed provision in Trump's spending bill may force New York's top firms to pay billions in extra taxes, risking an exodus of businesses and professionals from the city.
In a significant setback for Trump, House Republicans fail to pass his ambitious tax bill due to internal divisions. Key issues include steep budget cuts, Medicaid reforms, and local tax deductions. Discover the obstacles facing the GOP!
Open Ledger has launched PokéTax, a game that turns tax filing into an exciting adventure. Players battle Tax Trainers to complete their forms and discover deductions, making tax season enjoyable!
