Social Security income thresholds that subject benefits to taxation have not been adjusted in decades. These steps can help beneficiaries avoid a tax surprise.
Social Security may not be able to pay full benefits in 2035 if no changes are made sooner. Now, a new tool lets you decide how to shore up the program.
While the chances of an IRS audit are usually slim, certain items on your tax return may trigger a red flag at the federal agency, according to tax experts.