Federal payroll tax increases will be the most significant change in 2025. For both employers and employees, the maximum CPP contribution will increase to $4,034 (for workers earning $71,300 or more).

Cindy Kramer, 38, works well over 60 hours a week juggling four different jobs in Staten Island, New York, to support her child and make ends meet. Two of those jobs are bartending.

Figuring out taxes on your own for the first time? One of the most important types of taxes to understand are FICA taxes ...

Chicago: Attorney Michael Abramson, of Wilmette Illinois, has been convicted of tax fraud, attempting to tamper with a ...

The two Steves (Forbes and Moore) pressed again for the flat tax in a New Year’s Eve Wall Street Journal editorial. While ...

A Florida man has pleaded guilty to $20 million in tax avoidance charges on employee pay and failure to file correct returns.

Question: If someone is on Federal Health Benefits, what happens when they turn 65 and become eligible for Medicare?

January is a good time to consider tax planning. Amid the yearly onslaught of inflation-adjusted tax figures, here are three ...

The Social Security tax cap protects the wealthy from paying their fair share. The rest of us pick up the burden ...

For those who lost their homes to the wildfires around Los Angeles, filing for an insurance claim is one of many tasks to ...

President Joe Biden stated the measure will raise Social Security benefits by an average of $360 monthly for 2.8 million recipients.

But if average revenues are less than $5 million, they will qualify for the R&D credit of up to $250,000 as an offset against federal payroll taxes. Costs that qualify for the credit include ...