Younger workers should familiarize themselves to the full scope of Social Security benefits, eligibility, and requirements ...

Retirees assiduously scrimping and saving to contribute to their IRA, HSA, and 401-K retirement nest egg accounts have ...

This is the third part of a series covering certain securities law, corporate governance, and tax considerations related to stock options ...

The short answer to the question is "yes." A recession could definitely affect Medicare, especially an economic downturn that's severe and long-lasting. To understand why, we must first look at the ...

But there’s one line item on your pay stub that you may not be as familiar with — the OASDI tax. OASDI stands for Old-Age, ...

When you get your bonus check, it may feel like you’re getting taxed higher than normal. But what’s actually happening is ...

Today’s employees, especially those who are early into careers, are looking for employers to help support them beyond saving ...

In January, the Department of the Treasury (“Treasury”) and Internal Revenue Service (IRS) issued proposed regulations on the catch-up ...

President Donald Trump has said multiple times that he has no plans to cut Social Security. That suggests he understands the ...

With SARS intensifying tax compliance investigations, FICA compliance data will be cross-referenced ... with penalties including imprisonment of up to 15 years for those found guilty of facilitating ...

FICA translates as the Federal Insurance Contributions ... You can show previous years' tax returns, invoices, bank statements, or profit/loss statements. The IRS doesn't want to see them unless ...

You are correct that you must include a Roth conversion as part of your taxable income for a given year. However ... income isn’t subject to FICA taxes, which are levied on top of the regular ...