A recent legislative proposal aims to alleviate the tax burden on Social Security benefits, promising financial relief for ...

Income taxes don't end just because you've reached your senior years. In some cases, federal tax returns for seniors are ...

For most people, getting out of self-employment taxes will save a lot of money. LLCs do not allow that on their own. However, ...

The Social Security Fairness Act repealed the WEP and GPO, and are effective for all benefits after December 2023, so not ...

Voters are clear in how they want Congress to shore up the massively popular program’s deteriorating finances, but lawmakers ...

Importantly, Trump is not the only politician to float that idea, nor is support limited to one political party. For instance ...

For retirees who claim benefits at Full Retirement Age—currently set at 67—the maximum monthly payment is $4,018. If you choose to start benefits at the earliest eligible age of 62, the maximum amount ...

Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...

The answer is clear as day that Congress didn't steal from Social Security's trust funds. If you want to know what's really ...

The IRS Publication 915 (2024) offers now a comprehensive guide to help you determine if your benefits are taxable, how to ...

Formerly known as: Climate action incentive payment. Basic amount and rural supplement for residents of Alberta, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward ...

Hi, %{firstName}% Games Car rental One of the enduring myths about Social Security is that benefit payments are not subject to federal income taxes. This was true from the program’s inception in the ...