If you're trying to collect Social Security benefits, it's important to know how your tax debt could impact that.
Social Security benefits are a crucial lifeline for many retirees and disabled Americans. These payments provide essential income for the millions of people who depend on them to cover basic living expenses,
Donald Trump's purge of the federal workforce could cause a system failure at the Social Security Administration, the agency's former leader warned.
Social Security benefits are handled differently than regular income by the IRS, which can make tax season tricky.
The president on Tuesday is holding his first Cabinet meeting, where Elon Musk will also be in attendance. After delivering opening remarks, Trump commenced the Cabinet meeting by asking the room to "say grace.
Speaker of the House Mike Johnson says that President Donald Trump and Republicans will not cut Social Security, Medicaid or Medicare despite potential cuts to the programs being floated amid a budget battle in Congress.
Elon Musk shared a chart on X purportedly showing more than 398 million eligible numbers in the Social Security database. Online posts misconstrued the figures to wrongly claim they showed how many people are receiving benefits,
However, while the House of Representatives did pass a budget resolution, this resolution did not provide funding to federal agencies or change tax law. Therefore, it did not and could not abolish taxes on income from tips,