Lawmakers approved new tax exemptions last week, with Governor Gretchen Whitmer signing them into law on Tuesday.

“The following examples apply if you earned the taxable maximum in each year beginning at age 22 and start receiving benefits ...

Social Security Administration Commissioner Frank Bisignano will also take on the newly created role of Chief Executive ...

Treasury Secretary Scott Bessent said Bisignano will continue to lead the Social Security Administration while also taking on ...

The Social Security head will do double duty at the tax agency while Treasury Secretary Scott Bessent retains his formal ...

Frank Bisignano has been named CEO of the IRS, adding to his role as Social Security Administration Commissioner ...

Case in point, in Trump’s One Big Beautiful Bill Act (OBBBA) passed by the House on July 4, Social Security taxes were not ...

There's a new senior tax deduction that could reduce your taxable income for 2025.

The federal government and some states tax Social Security. But even if you live in a state that doesn’t tax your benefits, ...

Millions of people still prefer a paper check for federal income tax refunds. But President Trump signed an executive order ...

Up to 85% of your Social Security benefits may be taxed, but a new "senior deduction" can cut taxes—unless your income is too ...