Unfortunately, retirees living in nine states could find out they don't get to keep all of their Social Security benefits. Their state governments tax Social Security benefits based on their income, ...

As a final thought, 67 years of age is the full retirement for all American workers born in 1960 or later, but you can wait ...

I’m still mad about it,” says one taxpayer who was hit with a 10% penalty.

Taxation on Social Security benefits can significantly affect retirees' net income, influencing their choice of residence and overall financial planning. Colorado, Connecticut, Minnesota, Montana, New ...

Millions of retirees in the United States rely on Social Security benefits to meet their basic needs. However, understanding ...

Many tipped workers earn so little they already aren’t required to pay federal income taxes; Yale Budget Lab estimates this is the case for about 37% of tipped workers. It’s likely only a ...

With the tax-filing season in progress, you probably have wondered how you compare with other Arizonans. Here are some ...

The Fed's latest Survey of Consumer Finances shows that the typical American household has $5,300 in a savings account at a ...

IRS tax refund may arrive sooner than you think. Here’s a schedule for when you can expect your check or direct deposit.

Stealth taxes’ showing up on Social Security benefits. Social Security’s primary source of funding is payroll tax revenue. Each year, a wage cap is established that dictate ...