theonlinetaxguy

The Social Security Office in Alhambra, California. Mario Anzuoni | Reuters As Washington and Beijing face off on tariffs, there could be one unseen group affected: retirees. The Senior Citizens League, a nonpartisan group advocating for seniors, on Tuesday released its latest report on the buying power of Social Security benefits. The group also projected
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The Internal Revenue Service didn’t comply with congressional directives before closing Taxpayer Assistance Centers last year, according to a new government report. Timothy Fadek/Bloomberg The report, from the Treasury Inspector General for Tax Administration, found the IRS closed 12 of the TACs in 2018, including four that were closed subsequent to the March 23, 2018,
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Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., speaks during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) on Friday, May 10, 2019. Photographer: Michael Nagle/Bloomberg © 2019 Bloomberg Finance LP After arguing for years that its drivers were not employees, the ride-share company Uber announced
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Like many states, Arizona is contemplating how to integrate peer-to-peer car-sharing arrangements into the state’s tax code. This session, the state legislature contemplated two proposals to regulate and tax peer-to-peer car sharing. Policymakers have an opportunity to clarify the tax treatment of peer-to-peer car-sharing firms and hosts while preventing the extension of discriminatory car rental
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Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column addresses how Social Security spousal benefits are determined, whether to switch from retirement benefits to taking spousal benefits and vice versa, potential effects of early retirement benefits on survivor’s benefits
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