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

Understanding how federal and state taxes apply to your benefits can help you keep more of your money. Here’s what you need ...

As of fiscal 2024, the U.S. pays 2.72 cents to make each penny, according to the Mint. The counterargument used to be that a ...

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

According to the IRS, tax fraud and scams cost Americans a staggering $5.5 billion in 2023 alone. Whether you’re filing your taxes yourself, using tax software, or hiring a professional, ...

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

The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number ...

The IRS estimates one in five eligible taxpayers don’t claim the earned income tax credit on their tax returns, missing out on thousands of dollars.

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

The Department of Government Efficiency has the objective of cutting government spending by $2 trillion per year out of $6.8 ...

Most Americans are in favor of making the wealthy pay more while reducing their benefits. The government could increase the ...

Since the signing of the Social Security Fairness Act early last month by then-President Joe Biden, there have been so many publicized inaccuracies and omissions about it, and confusion from ...