The program’s finances could take another hit if some of the president’s tax proposals are passed. What to know about ...

The repeal of two provisions will boost Social Security payments for certain beneficiaries, and will include back payments.

With the January 31, 2025, tax filing deadline on the horizon, TaxBandits, an IRS-authorized e-file service provider, underscores its steadfast commitment to safeguarding tax professionals and their ...

President Trump wants a massive tax cut and immigration crackdown bill. Now Republicans must decide what to cut to help pay ...

Maryland does not tax Social Security benefits, representing a major benefit for seniors in the state. For those who itemize ...

During and after the pandemic, the ERC and other tax credits were big business for tax professionals. But the IRS denied bogus claims, and some cases are criminal.

Unless Congress acts with significant recapitalization, the Social Security Administration estimates fund depletion by 2034. Early retirement moves to 64 and full benefits delayed to 73 or beyond, ...

Trump has pledged to end taxes on Social Security income, which could change payments for millions of Americans.

Social Security payments have been helping seniors supplement their retirement income since the Social Security ...

President Joe Biden signed a bill on Sunday that will repeal two laws previously preventing many public employees from receiving Social Security benefits. The Social Security Fairness Act ...

It does this in two ways. First, it gets rid of the Windfall Elimination Provision, which could reduce benefits for workers who get pension or disability benefits from an employer that doesn't collect ...

Employees, employers, and the self-employed finance these benefits with their Social Security taxes, which are then put into two Social Security trust funds. Eligibility and benefit amounts are ba ...