For example, a portion of your paycheck is withheld under the FICA tax. FICA stands for Federal Insurance Contributions Act, ...

Low-income tax filers and families should especially take a close look at tax credits while they file their tax returns. The ...

Millions of older Americans receive a Social Security payment each month. And for many people, those payments constitute the ...

It also looks at who pays the additional tax, how the IRS calculates it, and how the government uses the money. As part of the Federal Insurance Contributions Act (FICA), the Social Security ...

The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number ...

Unlike Roth IRAs, there are no income limits on Roth 401 (k)s. You can contribute to the account no matter how much you earn.

President Trump signed an executive order last month enacting a hiring freeze for federal employees. The memorandum is set to ...

We test and rate the best online tax services to help you find the best one for filing quickly and accurately—and for getting ...

Enhanced premium tax credits for coverage on the Affordable Care Act marketplace will expire this year unless Congress acts.

Trump signed executive order for federal employee hiring freeze ... and increasing your retirement contributions. “By reducing your overall tax burden, you’re less likely to rely on a refund ...

GOP lawmakers are once again considering a litany of proposals that would require federal workers to pay more in exchange for ...

A person’s tax situation can depend on factors like their marital status and income level but there are many other things ...