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 ...

Social Security recipients can't file their taxes without this form. Here's how to get a copy of yours. See the full list of ...

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 ...

Social Security beneficiaries need their benefit statement from the IRS to file a return. This document also helps you figure out if your benefits are taxable this year. We'll show you when to ...

Part of that has to do with inflation, which has hurt Social Security's buying power. However, federal income taxes on seniors' Social Security benefits play their part as well. Below, we'll look ...