If you receive Social Security benefits, keep in mind that you likely need to pay taxes on that money. Like many parts of the tax code, it can be complicated to figure out whether – and how much – you ...

Though most retirees find that their tax burden falls in retirement, there’s one tax that consistently seems to surprise and confuse people: the taxation of Social Security benefits. Most retirees ...

The Gazette offers audio versions of articles using Instaread. Some words may be mispronounced. It is nice that seniors 65 and older will now be able to exclude $6,000 if their taxable income is low ...

Imagine the headlines: sweeping reform has finally made your Social Security (SS) benefits tax-free. This dream scenario became widespread "fact" following the signing of the "One Big Beautiful Bill" ...

Approximately 40% of households pay taxes on their Social Security benefits, according to the Social Security Administration. If you do owe taxes on your benefits, managing them effectively could save ...

This guide will help you navigate the complexities of your tax return, including total and adjusted gross income to itemized deductions and tax credits. Taxes can be confusing, but understanding the ...

The IRS is introducing new income limits for its seven tax brackets, adjusting the thresholds to account for the impact of inflation. That could provide a break to some taxpayers on their taxes in ...

The earnings limit for the 0% capital gains bracket will rise in 2025, which could offer tax planning opportunities, financial experts say. Stream Connecticut News for free, 24/7, wherever you are. At ...

Changes, first announced in the 2008 Federal Budget, were recently made to the definition of ‘income’ for a wide range of means tested concessions in the areas of tax, social security, superannuation ...