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.

After decades of paying federal wage taxes ... Unfortunately, the amount some people will pay in Social Security payroll taxes on their wage income could increase in 2025 because of one of ...

In addition to extending the Tax Cuts and Jobs Act, one of his signature achievements in his first term, President-elect ...

Congress just passed the Social Security Fairness Act that restores full Social Security benefits to teachers, law ...

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

If public long-term care insurance is to be self-sustaining, as it should be, it must be accompanied by some kind of tax ...

Consumption tax is a tax on goods or services – what you spend, rather than what you earn. In the U.S., consumption tax comes in the form of retail sales tax and excise tax (tax imposed on certain ...