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Income Tax

Tying the knot this year? Add ‘marriage tax penalty’ to the potential cost

Gorodenkoff | Istock | Getty ImagesIf you're happily saying "I do" this year, be aware that the IRS can be a real buzzkill.While...

Wages up to $147,000 are currently taxed for Social Security. How that could change

Golibtolibov | Istock | Getty ImagesTaxing the wealthy is a big topic in Washington these days.President Joe Biden recently proposed in his 2023...

There’s a growing interest in wealth taxes on the super-rich. Here’s why it hasn’t happened

Sen. Ron Wyden, D-Ore., speaks during a Senate Finance Committee nomination hearing on Feb. 23, 2021.Greg Nash | Pool | ReutersAmericans increasingly favor...

The tax deadline is 10 days away. Here’s the average refund so far

bymuratdeniz | iStock | Getty ImagesThere are 10 days until April 18, the tax deadline for most Americans, and the IRS has already...

Biden’s 2023 budget includes $14.8 billion for Social Security. Here’s what changes that could bring

U.S. President Joe Biden speaks during an event at the Royal Castle, amid Russia's invasion of Ukraine, in Warsaw, Poland, March 26, 2022.Aleksandra...

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