The wealthy often avoid earned income, which means they escape payroll taxes entirely and ordinary income rates under the income tax. In addition, they can avoid capital-gains taxes by not selling ...

W-2s and 1099s will not have new fields this year, but the IRS has now provided guidance on how employees can still claim tax deductions for tips ...

Employees have been wondering how they will determine the amount of their qualified tips and qualified overtime eligible for deduction under the ...

Great news! 41 states + D.C. won't tax your Social Security. Check the full list & remember federal, sales, and property ...

Taking money from your traditional IRA in retirement could have an unexpected consequence: making your Social Security ...

And robots - which don't call in sick, take bathroom breaks, take vacations or need healthcare - are a huge boon to employers. So is the tax code, which currently treats machines as capital equipment ...

If you haven't reached your full retirement age yet, your Social Security check could take a hit, depending on how much you ...

There is no limit on earnings for workers who are at full retirement age or older for the entire year. The 2.8% increase will ...

When you live in America, one thing you've likely come to accept is the tax system. There are taxes on your income, products ...

Policymakers are in a box: Social Security is $25 trillion out of whack, the only way in-whack it is to raise taxes or cut benefits, and Americans oppose both. Pretty much all Americans oppose raising ...

When trying to organize your finances or attempt retirement planning in general, you’re likely going to be factoring in your benefits from Social Security to help you handle some of your expenses.

Slated for demolition: Both this classic mural in a Washington, D.C., federal building and the program it depicts, Social Security, may soon be destroyed by the Trump administration. Credit: Photo by ...