I am confused by an article in my local newspaper which said that “MAGI” (modified adjusted gross income), on which my Medicare Part B premium is based, is my Adjusted Gross Income, plus any ...
Lawmakers will find that Minnesotans want them to focus on lowering taxes, addressing health care and stopping fraud in state ...
Social Security is facing a funding shortfall that could lead to reduced benefits in the next decade if Congress does not ...
Kansas Senator Roger Marshall has introduced a bill that would cut taxes for many individuals who rely on Social Security benefits. Marshall alongside Marsha Blackburn (R-TN) introduced the Reducing ...
The Social Security Fairness Act will eliminate the Windfall Elimination Provision and the Government Pension Offset, ...
This Social Security Fairness Act checklist explains what public sector retirees can expect from SSFA, including how much ...
The cost-of-living adjustment (COLA) for 2025 is indeed a most notable change in Social Security for 2025, but it's not an ...
The 2017 tax reform capped at $10,000 the amount of state and local tax (SALT) payments that can be deducted from federal income taxes. Before then, the unlimited SALT deduction was an unlimited ...
Any taxpayer can create a free ID.me account to see what forms they should expect to receive this year, since anyone issuing a W-2 or 1099 will also issue a copy to the IRS. Employees receive a W-2, ...
April 15 is the filing deadline for 2024 federal income tax returns for most people. Others in states hit by disasters have until May 1 or Oct. 15. Already filed your taxes? Here’s how much you can ...
The wage cap, or the limit on taxable earnings, was $168,600 last year. In 2025, it will increase to $176,100. This means ...