The government is working on a solution so that people earning only the state pension will not have to pay tax in the future, ...

A shrinking labor force will cause Social Security to lose out on key revenue. Raising taxes isn't likely to sit well with working Americans. Making people wait longer to claim Social Security is also ...

Pensioners will have their income tax liabilities written off if their sole income comes from the state pension.

Mandatory filing of a tax return is based on gross income for the year. There are numerous reasons to file a return for a taxpayer — even when filing of the return is not mandatory. Failure to file ...

The IRS says it’s in the process of updating income tax forms and instructions for taxpayers to use this filing season that ...

TULSA, Okla. — Jesus Gomez wants to get a jump on filing his income taxes. In past years, he paid a service to fill out the forms. "It gets pretty expensive, " he said "Not a lot of people have access ...

Some taxpayers who bought electric vehicles in 2024 had trouble claiming the tax credits because of bad paperwork. Auto dealers group announced an IRS change that will enable dealers to fix EV tax ...