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Do I Still Have to Pay Taxes After I’m 65?
Photo by Dietmar Temps at Flickr.com I need to make this very clear—there is no law that says persons over the age of 65 do not have to pay taxes. But obviously there’s some false information out...
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Is My Social Security Income Taxable?
Photo by Jan Roberg. People often ask me if their Social Security income is taxable. No, sorry, I just lied. When I finish preparing a tax return for someone on Social Security I’ll often hear,...
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Say Good-Bye to the Payroll Tax Holiday
Have you been watching the presidential debates? I have. I’ve heard both sides trot their “tax plans” out and I’ve heard a lot about what both Governor Romney and President Obama say they’re going...
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What Every Divorced Woman Needs to Know About Retirement: Social Security
Photo by SalFalko at Flickr.com This may come as a surprise to you, but your ex-husband could turn out to be good for something after all. If you were married for at least 10 years, you may be entitled...
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How to Check Your Social Security Annual Statement (And Why You Want To, Even...
Photo by 401(K) 2012 at Flickr.com “Social Security, that’s for old people. Social Security won’t even be around when I retire.” Let’s look at that second statement first. Social Security won’t...
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Why Social Security Wants You to Retire at 62
Photo by Nick Ares at Flickr.com Social Security would rather have you retire at age 62 than at your full retirement age. That sounds a little backwards, but it’s all about money. (Of course!)...
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How Can Social Security Be Out of Money If We Only Take Out What We Put In?
Photo by Scott at Flickr.com I hear this question all the time. We all put our own money into Social Security so how can it run out of money? First, let me point out that Social Security is not out...
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Helping Mom With Her Taxes: Tax Tips for Preparing Returns for Senior Citizens
Photo by marysia_ at Flickr.com ______________________________________________________________________________ If you have elderly parents you may find yourself in the position of having to assist them...
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