While campaigning, President Donald Trump proposed eliminating taxes on overtime, tips and Social Security benefits. Here's ...

Here are some of the ways retirees currently pay income taxes and how they would be impacted by no taxes. Although the IRS considers Social Security benefits “unearned” income, you might still ...

Giulia Carbonaro is a Newsweek reporter based in London, U.K. Her focus is on the U.S. economy, housing market, property insurance market, local and national politics. She has previously ...

Charlie Riedel/AP file Share If you tend to procrastinate at income tax time, beware of the costly consequences of missing the April 15 filing deadline — even if you owe no taxes. “The best ...

Yes, you do have the option of filing your taxes for free. Through the Free File Program, the IRS partners with companies to ...

“In the long run, though, it could be worth it to pay no income taxes while lounging on the beach.” Also See: Top 8 States To Move to If You Don’t Want To Pay Taxes on Social Security ...

The no tax on overtime proposal aims to exempt overtime pay from federal income tax. This would mean that workers who log extra hours would not have to pay federal taxes on their overtime earnings ...