A new 40.8% excise tax will apply to any litigation financing agreement. Plaintiffs and their lawyers must withhold 20.4% of ...

Key Points ・Social Security will only be able to pay about 77% of scheduled benefits by 2034 if Congress does not act.

Home; Taxes; Tax Law; Homeschoolers Could Soon Save on Expenses With 529 Plans. A new House GOP bill could change how you save for your child's homeschool education.

The league’s salary cap doesn’t account for tax differences between jurisdictions, so where you play can significantly affect ...

One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

This doesn’t include the FICA tax, which funds Social Security and Medicare. Someone who earns $150,000 per year would pay about $25,500 in federal income taxes. That’s how much you would save ...

FICA taxes fund Social Security and Medicare, critical for retirees and Medicare recipients. Employees and employers each pay a 7.65% FICA rate; self-employed pay 15.3%. FICA's future challenges ...

Ohio House legislators have introduced a tax reform package they say would save property owners $3.5 billion and will force local taxing bodies to use.

Elon Musk is on a mission to block President Donald Trump’s tax bill after he tried — and failed — to convince Republican lawmakers to preserve valuable tax credits for electric vehicles in ...

President Donald Trump’s tax bill would reduce taxes by $3.7 trillion but increase the national debt and cause more people to lose health insurance, according to the CBO.

A coalition of clean energy trade groups is launching a lobbying blitz to convince the Senate to save billions of dollars in incentives set to be gutted by House-passed legislation.

Here are all the best deals for National Cheese Day on Wednesday, June 4, from restaurants like Burger King, Pizza Hut, Taco Bell, White Castle and more.