If your Adjusted Gross Income from farming is greater than 75% of total AGI, then you might qualify for a higher payment limit under ERP. However, the key is what is farming income.

Trump’s “big beautiful bill” includes a temporary $40,000 SALT deduction cap. But the phaseout could trigger a tax surprise ...

A looming 10% fare hike for CT Rail and Metro-North commuters has highlighted an $11 million budget shortfall for the state’s ...

The way annuities affect Social Security benefits may surprise you. Here's how they interact and what to watch for.

Knowing your taxable income helps you make smarter choices about deductions, retirement contributions and how much tax to withhold. It can also prevent surprises at tax time. If your finances are more ...

Workers who pick up extra shifts may now qualify for temporary relief on their overtime pay. From 2025 through 2028, single ...

As a result, the new $6,000 deduction is stacked on top of both the regular standard deduction — $15,750 for single filers or ...

One of the hallmarks that set the Social Security Administration apart from other government programs was its sedulous avoidance of anything resembling partisan politics. That was a key to its ...

Gross income includes all earnings pre-tax, such as wages, dividends, and rental income. Adjusted gross income (AGI) is gross income minus specific deductions like retirement contributions ...

Range reports high earners must pay quarterly estimated taxes if they owe over $1,000, with specific guidelines to avoid ...

The consolation prize retirees received from the One Big Beautiful Bill is arguably a bigger win than ending the tax on ...