The first round of February’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age ...

If you are employed, then your HR and payroll department would calculate the income tax before giving salary and would send ...

In addition to the revenue boost, shifting towards a higher GST rate would result in a lower marginal excess burden compared to payroll tax. The marginal excess burden for GST is estimated to be 8 ...

Social Security has two other funding sources: benefit taxes on some seniors and interest income earned on money in the ...

If you live in a declared disaster zone, the IRS automatically grants you an extension to your tax deadline. Last year, that ...

In crafting the budget, City Hall had estimated there would be a $21 million hit to earnings revenue due to the refunds, plus $5 million in payroll tax refunds. As of Jan. 2, the Collector of ...

Most presidents tend to avoid proposing changes to Social Security, because any change will eventually result in some group ...

A menu of options being circulated by congressional Republicans also includes new tax cuts for corporations and the ...

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You may also be required to pay an estimated quarterly tax if you expect ... on time when you keep a running list of expenses ...

Penalty-free retirement distributions, casualty loss deductions and delayed tax filing and payments can all provide some short-term financial relief.

The $20 billion that the Social Security Administration estimated it could lose under Trump's deportation ... insurance for many older adults — is partially financed by payroll taxes but also collects ...