The Social Security Administration is distributing the latest batch of payments on July 23, Wednesday this week. For some ...

Millions of Americans were left surprised, and in some cases financially squeezed, after receiving their July Social Security checks. While there's been no official cut to benefit ...

While Supplemental Security Income (SSI) benefits are not taxable, recipients might still find advantages in filing a tax return. By doing so, they could access valuable tax credits, potentially ...

The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has charged the Accountant-General of the Federation, Mr. Shamseldeen Ogunjimi, to ensure prompt deduction ...

What is the bonus tax withholding rate? The bonus tax withholding rate is an optional flat rate that businesses can choose to use for bonuses that are identified separately from employee wages.

Filing ITR 2 for AY 2025–26? Wait for the updated form as schema is pending. Pay pending tax on capital gains to avoid interest under Sections 234B/C. For home loans, claim Rs 30,000 interest ...

The US announced an agreement with lawmakers to scrap a proposal that could have resulted in Canadians paying higher withholding tax on dividends from US investments. Read more here.

Some Social Security beneficiaries may notice smaller checks beginning in July. What to know about the new repayment policy.

Who is at risk for withholding? If you received more money than you were entitled to through Social Security or Supplemental Security Income (SSI) and haven’t arranged a repayment plan, your ...

If you received more money than you were entitled to through Social Security or Supplemental Security Income (SSI) and haven’t arranged a repayment plan, your benefits could be reduced by half ...

The form reports the interest income you received, any federal income taxes withheld, tax-exempt interest and other information. 1099-LTC reports long-term care insurance benefits you received.

Some Social Security beneficiaries may notice smaller checks beginning in July. What to know about the new repayment policy.