Tax

The IRS accidentally published 112,000 taxpayer data records twice in November due to a technical problem earlier this year. According to reports, the problem was the fault of a third-party contractor that the IRS had employed to…

The federal government's primary social welfare safety net will be undergoing adjustments on January 1, 2023, affecting Social Security benefits, as millions of Americans celebrate the new year by committing to personal betterment for the…

Advocates are urging Governor Hochul to expand New York's paid family leave statute to cover parents who suffer the loss of an infant due to stillbirth. Cassidy Crough, 34, a Hudson Valley woman whose daughter Olivia died at 36 weeks…

The highest cost-of-living adjustment (COLA) in more than 40 years will bring numerous changes to Social Security in 2023. There will be further adjustments to payments in 2023 besides the increased COLA. The SSA has announced that…

The IRS sends out reminders to people who are retiring or approaching retirement age regarding mandated withdrawals from retirement accounts. The Internal Revenue Service claims that a 50% excise tax on the distribution amount is possible…

Since the beginning of the COVID-19 pandemic, stimulus checks have significantly impacted American families' daily lives. They have already affected the size of your bank account this year, and they may continue to do so until the end of…

People who use payment applications like Venmo, PayPal, and Cash App may need to record some transactions totaling more than $600 to the Internal Revenue Service (IRS). Not all payments app transactions exceeding $600 require IRS…

The Internal Revenue Service (IRS) claims that opening an online account on its website enables taxpayers to securely view their personal tax data. Logging in and confirming your name and address will allow you to accomplish this. The…