Since late July 2025, the IRS has permitted elections under Section 83(b) of the Internal Revenue Code (Section 83(b) elections) to be made online on the IRS website through ID.me, the IRS’s ...
A recent opinion piece in the Wall Street Journal suggested that e-filing could leave taxpayers vulnerable to cyberattacks and IRS penalties. Don’t let these arguments scare you. E-filing is still the ...
Are you counting on Social Security as an important source of income in retirement? You’re not alone. 9 out of 10 Americans aged 65 and older are currently receiving some form of Social Security.
Filing taxes isn’t most people’s idea of fun, but it’s usually better to file early. After all, filing late can lead to some hefty penalties. The failure-to-file penalty is 5% of the taxes owed per ...
The reason for this early filing timeframe has to do with some quirky and complicated features of Social Security’s earnings penalty provisions. FreshSplash / Getty Images I write a column like this ...