Uncategorized

Social Security Max increase to $117,000 for 2014

Each year, the government bumps up the maximum Social Security taxes that you can pay. For 2014, the maximum wage base jumps to $117,000, an increase of $3,300, or 2.8%, over the max of $113,700 that was in place for 2013. The Social Security Administration predicts that 10 million individuals will end up paying higher… Continue reading Social Security Max increase to $117,000 for 2014

Planning, Taxes

Tax Tips for Newlyweds

From IRS Tax Tips: Late spring and early summer are popular times for weddings. Whatever the season, a change in your marital status can affect your taxes.  Here are several tips from the IRS for newlyweds. It’s important that the names and Social Security numbers that you put on your tax return match your Social Security… Continue reading Tax Tips for Newlyweds

Uncategorized

Five Tips if Your Name Has Changed

From the IRS Tax Tips News: If you were married or divorced and changed your name last year, be sure to notify the Social Security Administration before you file your taxes with the IRS. If the name on your tax return doesn’t match SSA records, the IRS will flag it as an error and that… Continue reading Five Tips if Your Name Has Changed

Savings, Taxes

SOCIAL SECURITY MAX INCREASES TO $113,700 FOR 2013

Each year, the government bumps up the maximum Social Security taxes that you can pay. For 2013, the maximum wage base jumps to $113,700, an increase of $3,600, or 3.3%, over the max of $110,100 that was in place for 2012. The Social Security Administration predicts that 10 million individuals will end up paying higher… Continue reading SOCIAL SECURITY MAX INCREASES TO $113,700 FOR 2013