People with substantial income outside of Social Security may have to pay federal income taxes on their benefits. Lou Jeffries writes how to figure out how much you have to pay when you have Social Security.
A new study suggests that Americans in both red or blue areas mostly agree about what government should do – even on issues like immigration and Social Security. 'Gridlock in Congress is not driven by the people,' one expert says.
The US Treasury will lose $5 billion in lost revenue over the next decade. Why? Congress used the wrong math formula for the Social Security and Medicare payroll tax.
The House Ways and Means Committee approved expanding the child tax credit and higher education tax breaks. In other tax news, H&R Block offers a map outlining state income tax requirement to help same-sex couples' IRS filings.
There are four words that can be very helpful for retirement saving, writes Richard M. Rosso. For example, don't be afraid to say 'no' more often to people, especially when they ask you to lend money.
Some states may have created a way for heterosexual couples to avoid the marriage tax penalty, writes Howard Gleckman. How can domestic partnerships lead toward the federal marriage tax penalty?