Posts tagged as:

Social-Security

Mmm… Obama’s Plan Is So “Job Creating”

12 September 2011

President Obama will send his new jobs creation plan to Congress later today. He’s going to pitch it first in the Rose Garden surrounded by the kinds of folks that make for good press (vets and teachers, for example) and then send it to Congress for consideration. It’s not going to be an easy road. [...]

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Taxes from A to Z: U is for Unemployment Compensation

23 March 2011

Sadly, a lot more taxpayers are trying to figure out the tax treatment of unemployment compensation these days… It’s helpful to understand a little bit of the history of unemployment compensation in order to understand how it functions (and how it’s taxed). The Social Security Act of 1935, also known as Public Law 74-271, created [...]

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Taxes from A to Z: N is for Name Change

16 March 2011

When I first got married, I didn’t immediately change my name. It felt weird to me to have my maiden name for years and years and then – poof! – be somebody else. My diplomas, my law licenses, all of it was in my maiden name. It was who I was. Plus, I liked my [...]

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Payroll Tax Holiday Begins

3 January 2011

I rolled into work this morning along with many Americans for the first time in 2011. Since New Year’s Day fell on Saturday this year, those of us who work “traditional” hours (yes, my use of the term is cheeky) started our work year today. It’s also the start of a bit of a headache [...]

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Fix the Tax Code Friday: Social Security Benefits

22 October 2010

If you follow me on Social Media at all (I’m on twitter here and Facebook here), you’ve probably heard me grumbling about the riots in France this week. I’ll admit it: it’s not about the French, I’m totally being selfish. My husband and I have been planning a trip to France for awhile (it just [...]

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The Un-COLA: No increases for Social Security

10 October 2010

Brace yourself. From now until November, I promise you that you will hear about this next piece of news over and over again: There will likely be no increase in Social Security benefits (sometimes referred to as a “COLA” or “cost of living adjustment”) for 2011. That makes two years in a row since there [...]

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Did You Receive Your Economic Recovery Payment?

19 March 2010

I’ve received a lot of inquiries related to the Making Work Pay Credit and the Economic Recovery Payment. You cannot receive the maximum credit for both. If you are disabled or retired and received the Economic Recovery Payment, you must report it on your Schedule M when claiming the Making Work Pay Credit. It is [...]

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Tax Benefits for the Disabled

9 February 2010

I’ve been getting a lot of questions from disabled taxpayers about whether any special tax breaks exist for them in 2009. The answer is yes – and no. As I stated in a prior post, there was some economic relief for disabled Americans in 2009 in the form of the Economic Recovery Payment (ERP) – [...]

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Ask the taxgirl: Disabled benefits in 2009

8 February 2010

Taxpayer asks: I heard that I can get more money back from my taxes this year because I am disabled. Is this true? I am on fixed income and it would help me. Taxgirl says: I think what you’re referring to is the one time payment for retirees and disabled persons as part of Obama’s [...]

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Ask the taxgirl: Deceased Child

5 February 2010

Taxpayer asks: This last year I had a son born who only survived 1 day. Do I need to get a Social Security number for him? Do I claim him as a dependant? Taxgirl says: Gosh, I honest can’t imagine how difficult this is for you and your family. My sympathies and thoughts are with [...]

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