The overseas tax breaks could also end up favoring some wealthy citizens, because it could open more opportunities for them to live abroad in low-tax countries and avoid U.S. taxes. Yue praised ...

For senior citizens, the bill proposes an enhanced deduction of $4,000 on Social Security wages for individuals with adjusted incomes below $75,000, and $150,000 for couples.

Republicans are loudly embracing President Donald Trump's populist priorities, though critics say a sweeping tax-cut bill that offers some breaks to working-class Americans still favors the ...

Here are some key tax breaks that you don’t want to miss out on in 2025. 1. Foreign Earned Income Exclusion. One of the most popular tax breaks for U.S. expats is the foreign earned income ...

Trump and the House Republicans want to tax remittances to raise money to fund more tax breaks for wealthy Americans, and reduce the deficit. The proposal is part of Trump’s “One Big ...

The overseas tax breaks could also end up favoring some wealthy citizens, because it could open more opportunities for them to live abroad in low-tax countries and avoid US taxes. Yue praised ...

Donald Trump is proposing to grant a key tax break to U.S. citizens living overseas, pitching the idea as an effort to court votes from potentially millions of Americans who could benefit.. The ...

ATLANTA (AP) — Donald Trump is proposing to grant a key tax break to U.S. citizens living overseas, pitching the idea as an effort to court votes from potentially millions of Americans who could ...