Tax

Despite actual financing issues, Social Security won't fully run out of money before making monthly benefit payments. Over the years, politicians and others have asserted that SSA will eventually fail.  Understanding Social Security…

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…

Recognizing the mounting demands on working families, the House of Representatives celebrated a historic victory by passing an increased child care tax credit.  This legislative victory represents an important step in recognizing and…

The Working Families Tax Cut Act, presented by Representatives Nicole Malliotakis and Michelle Steel, would enhance the standard deduction, increasing the amount of income that is fixedly excluded from taxes.  Although it might not seem…

Participants in a guaranteed income program in Los Angeles County will get their next $1,000 payment update check in just two days. 1,000 participants in the Breathe program receive payments each month, and recipients receive these…

In the month of June, the Social Security Administration (SSA) is diligently working to disburse benefits to various groups of individuals, including retired workers, Supplemental Security Income (SSI) recipients, as well as those receiving…

Sen. Joni Ernst of Iowa, a Republican, will introduce legislation on Tuesday that would forbid the Internal Revenue Service from arming its employees with taxpayer funds. The ‘Why Does the IRS Have Guns Act’ forbids the IRS from…

One of the largest raises in years is being given to retirees. The increase in Social Security benefits in 2023 was 8.7%, the largest since 1981. The amount of the upcoming Social Security cost-of-living adjustment (COLA) cannot yet be…