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Bill to Eliminate Social Security Tax for Low-Income Seniors Shot Down in Utah

A Utah bill that would have exempted low-income seniors from having their Social Security benefits taxed was shot down this week when the bill failed to advance out of committee. [The ...
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Does Your Tax Refund Seem Too Good To Be True? Maybe It Is.

All year, people eagerly await their tax refund. It can feel like free money, even if it isn’t. But tax refunds are also a great “in” for scammers to swindle your money. The ...
Decrease Your Tax Bill With the Retirement Saver’s Tax Credit

Decrease Your Tax Bill With the Retirement Saver’s Tax Credit

Low or moderate-income workers in the process of saving for retirement could be in line for a tax credit they didn’t even know about. The credit is called the Retirement Savings ...
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Three Tax Season Scams to Know About, and How to Identify Them

It might be too early for many people to start thinking about tax season. But that doesn’t mean it’s too early for scammers. The IRS is warning consumers to be aware of some early ...
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