Money

In 2023, the maximum monthly Social Security retirement income is $4,555, but it will likely be difficult to obtain. In January, the average benefit for retired workers was only $1,779.16. There are two factors that keep the average…

As part of its Digital Intake scanning project, the IRS expects to shortly begin scanning 1040 income tax returns for individuals as well as 941s for an employer's quarterly tax returns, which represents a twentyfold increase over the same…

A bipartisan group of senators has filed legislation to improve the public's understanding of the ideal timing to begin collecting Social Security. In addition, the group is requesting that the Social Security Administration investigate…

The US Department of the Interior (DOI) intends to require gas royalties from companies that use oil rigs on federal land to power cryptocurrency mining operations. In a late-last-month advisory opinion, DOI officials stated that…

A stimulus internet credit or the Affordable Connectivity Program (ACP) is one of the most cutting-edge welfare programs in the United States. It attempts to assist individuals in accessing vital Internet services they may not ordinarily…

Last year, more than 50 million Americans received a state tax refund or stimulus check to combat inflation, soaring oil prices, and other challenges.  In an effort to boost businesses and consumers, the U.S. government enacted a series…

An estimated 1.28 million people in France engaged in a strike against French President Emmanuel Macron's proposal to lower the retirement age to 64, according to the interior ministry. The number indicates that the protests were among…

Whether you utilize the standard deduction or itemize, tax credits reduce the amount of taxes you owe in a direct manner. Expected tax law changes in 2023 would likely result in reduced tax refunds this year. Recent IRS statistics…