Social Security in 2026: Key Changes for Your Wallet
Social Security beneficiaries will see a 2.8% COLA in 2026, but a sharp rise in Medicare premiums and new tax rules will also impact their finances.
#Social Security#Retirement#Medicare
#Taxes
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Social Security Lump Sum: A Key Tax Rule You Must Know
Receiving a large Social Security back payment can trigger a major tax bill. Learn about a crucial IRS rule that could save you thousands by letting you reallocate the income to prior years.
#Social Security#Taxes#Retirement Planning
New Law Aims to Simplify Confusing IRS Tax Notices
A new bipartisan bill heading to the President's desk will require the IRS to make its 'math error' tax notices clearer and easier for taxpayers to resolve.
#IRS#Taxes#US Politics
IRS Announces New 2026 Tax Brackets and Deductions
The IRS has adjusted 2026 tax brackets and standard deductions for inflation, a move that could lower tax bills for many Americans when they file in 2027.
#Taxes#IRS#Personal Finance
Illinois Governor Reports $10.7M Income, $1.4M in Gambling Winnings
Illinois Governor JB Pritzker's 2024 tax summary reveals an adjusted gross income of $10.7 million, including a notable $1.425 million from gambling.
#JB Pritzker#Illinois#Taxes
Millions Face Higher Health Costs as ACA Subsidies Expire
About 22 million Americans face sharply higher health insurance premiums as enhanced Affordable Care Act (ACA) subsidies are set to expire by year's end.
#Health Insurance#Affordable Care Act#US Policy
IRS to Stop Issuing Paper Tax Refund Checks in 2025
The Internal Revenue Service will stop issuing paper tax refund checks starting September 30, 2025, moving to a fully electronic payment system to improve speed and security.
#IRS#Tax Refund#US Government
New Jersey Anchor Rebate Payments Begin This Week
Eligible New Jersey homeowners and renters will begin receiving Anchor tax rebate payments on September 15, with benefits reaching up to $1,750.
#New Jersey#Taxes#Personal Finance
IRS Delays Mandatory Roth Catch-Up Rule to 2027
The IRS has officially delayed a key SECURE 2.0 Act rule, pushing the requirement for high-earners to make Roth catch-up contributions to the 2027 tax year.
#IRS#Retirement Planning#SECURE 2.0 Act