News

The Center Square on MSN.com · 4d

Lawmakers move to eliminate age cap on earned income tax credit

As Republicans work to draft tax legislation for the 2025 federal budget package, lawmakers have introduced bipartisan legislation to eliminate the age cap on eligibility for the earned-income tax credit.
TheStreet on MSN.com · 1d

These 9 states tax retirees' Social Security the most

Some states offer better advantages if most of your income comes from Social Security benefits. In contrast, others may favor those relying on retirement account withdrawals, pensions, or investment income.
Icon for www.thestreet.comTheStreet.com · Aug 22, 2023

Social Security Tax Exemption: Fact or Fiction?

However, this exemption from Social Security tax is different from the ... to file a return if they are at least 65 years of age and their gross income is $14,700 or more[1].
Houston Chronicle on MSN.com · 13d

Your guide to condo HOA fees, property taxes, homestead and the over-65 exemption and more

A: You can claim the homestead exemption and the over-age-65 exemption on the condo, just like you can with any other free-standing home you might purchase. But you can’t reduce your HOA fees simply because you are over age 65.
Kiplinger on MSN.com · 10d

Which Generation Pays the Most Tax in the US?

Polls show that most people feel like taxes are unfair. But which age group bears the brunt of the tax burden in the United States?
ABC13 Houston · 4d

Texas Senate bill would nearly double property tax exemption for seniors, people with disabilities

The bill's author said that under the Senate's tax relief plans, seniors and people with disabilities would save about $950 on their annual property tax bills.
Fulton Sun · 15d

Missouri Senate approves tax cuts for capital gains, diapers and low-income seniors

The Missouri Senate approved a proposed tax cut Monday despite questions about whether official estimates truly reflect how much it would reduce state revenue.
Community Impact · 5d

UPDATE: Texas Senate passes bill that would nearly double property tax exemption for seniors, people with disabilities

Under the Senate’s tax relief plans, seniors and people with disabilities would save about $950 on their annual property tax bills, according to bill author Sen. Paul Bettencourt, R-Houston.