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Income Tax
What To Do If Your Social Security Number Is the Same To Others?
The Social Security Number is crucial and used for identification during numerous processes, but is it possible for someone else to share my number?
There are two ways for immigrants to apply
Applying For Immigrant Visa And Social…
How Much Roth IRA You May Receive After 20 Years?
As long as you fulfill certain requirements, a Roth IRA is a retirement savings account that enables you to deposit after-tax money for 20 years, which grows tax-free, and allows you to withdraw money tax-free.
However, a variety of…
Social Security Alert: Millions to Receive Direct Payments of up to $4,555 in Just Five Days
According to the Social Security Administration's schedule, millions of retirees nationwide will get the second of three June Social Security retirement payments, valued up to $4,555, in five days.
The recipients of the second wave of…
Debt Limit Deal’s Cost: IRS Faces $21 Billion Loss, Reports Kiplinger Tax Letter
With the Inflation Reduction Act's $80 billion in funding, the IRS faces back from Congress by around 25%.
In the latest debt ceiling agreement, President Joe Biden made a significant IRS compromise.
IRS Faces Challenges Amidst…
IRS Suffers $21 Billion Blow as Debt Limit Deal Takes Toll
Congress has reclaimed approximately 25% of the $80 billion allocated to the IRS through the Inflation Reduction Act.
President Biden has made a significant concession regarding the Internal Revenue Service in the recent debt limit deal.…
Why More Individuals are Losing a Portion of Their Social Security Benefits to Taxes
The federal tax brackets, retirement account contribution caps, the size of the standard deduction for taxes, and Social Security cost-of-living adjustment, or COLA, are just a few of the things that the government routinely adjusts for…
Donald Trump Achieves Uncommon Legal Victory as DA Closes Golf Course Tax Investigation
Prosecutor concludes probe into whether Donald Trump or his company deceived authorities to lower taxes on NYC suburban properties.
Westchester County District Attorney Mimi Rocah issued a formal statement declaring her decision…
Plan Ahead: Social Security And SSI Payment Dates for 2023
In order to keep up with current inflation, the most recent cost-of-living adjustment (COLA) increased Social Security and Supplemental Security Income (SSI) payment by 8.7%.
The maximum government payment for SSI beneficiaries this…