If you are working and earning income, you're likely paying payroll taxes to fund Social Security. These taxes are charged differently from regular income tax. There is a dedicated Social Security ...

If passed, the Service Members Tax Relief Act would eliminate federal income tax on all active-duty and reserve pay, as well as military bonuses.

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Successful businesses must stay on top of their accounting. Learn how to use payroll journal entries to track wages and other ...

You can't overstate how important Social Security's financial safety is for millions of American retirees. Having that guaranteed income in retirement brings stability and peace of mind to many, ...

Calendar year 2026 will include 27 pay periods instead of the usual 26. Most years include 26 pay periods, but every 11 to 12 ...

This year, many are receiving Social Security checks with a modest 2.5% cost-of-living adjustment. However, some individuals are experiencing significantly increased benefits due to the Social ...

Donald Trump is likely already done paying his 2025 Social Security payroll taxes, due to a little-known Social Security rule. Changing this rule could bring millions or even billions of dollars of ...