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Starting in 2025, the first $12,500 of overtime pay for single individuals (or $25,000 for married couples) will not be subject to Social Security and Medicare taxes.
While the final COLA won’t be announced until October, projections are becoming more refined as midyear data solidifies. This ...
As a candidate, Trump promised to lift taxes on overtime. The new law allows workers to deduct up to $12,500 in overtime compensation (for single filers) or $25,000 (for joint filers). This deduction ...
Vice President JD Vance on Wednesday made the Trump administration's first big pitch to sell the public on President Donald ...
The bill includes several tax-related initiatives, one of which is the elimination of tax on tips. Here's what to know.
Trump's "big" bill puts Medicaid on the chopping block. From work requirements to loss of coverage, here are Pittsbughers' ...
Of course, Congress can act to block the Medicare cuts, something it has done in the past. But radical Freedom Caucus ...
Here’s the question of vital interest to everyone in western North Carolina put before two of our federal lawmakers: In casting your vote, what did you think will be the impact of the so-called One ...
The “Big Beautiful Bill” is officially known as the “One Big Beautiful Bill Act,” a stunning title for an important and costly piece of legislation.
One of the hallmarks that set the Social Security Administration apart from other government programs was its sedulous ...
Big Beautiful Bill” has ushered in major changes to a lot, ranging from the tax code to Medicaid, food stamps, the border and ...
The cost-of-living adjustment for Social Security benefits is expected to be 2.7% in 2026, analysts said on Tuesday - but some beneficiaries may not see any increase at all.
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