President Trump promised several tax cuts on the campaign trail, and one of them was the elimination of federal income taxes ...

Seniors are unlikely to get a break on paying taxes on their Social Security benefits, an issue that impacts more people each year.

During the marathon Ways and Means Committee meeting scrutinizing the new Republican tax bill, Rep. John Larson (D-Conn.) ...

House Republicans' tax bill will include significant relief for senior citizens, Ways & Means Committee Chairman Jason Smith ...

Frank Bisignano, confirmed as head of the Social Security Administration, received a major tax deferral on $484 million in ...

House Republicans have included a proposal in their tax bill to provide a $4,000 deduction for individuals ages 65 and up.

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

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

The 47th President of the United States has said he’s going to end taxes on Social Security benefits - but he’s not.

One tax break that isn't in the bill: Mr. Trump's suggestion last year that seniors shouldn't have to pay income taxes on Social Security benefits. "Seniors should not pay taxes on Social Security ...

Republican-backed legislation now making its way through the House of Representatives includes several tax breaks promised by President Trump during the campaign, such as eliminati ...

Hugh Cameron is Newsweek U.S. news reporter based in London, U.K. with a focus on covering American economic and business news. Hugh joined Newsweek in 2024, having worked at Alliance News Ltd ...