Log in Subscribe
Professionals Column

Avoiding foreclosure

Losing your home is one of the worst things that can happen. If you are having trouble making your mortgage payments, there are several solutions that can help you avoid foreclosure. Some of them …

Market value

The market value is an estimate of the value of a property by the Department of Finance. The market value of a property is determined by an assessor or automated valuation model using numerous …

Income tax savings you could be missing

Are you paying more tax then you need to? When it comes to filing taxes, getting the best returns is not about skill — it’s about what you know. Here are some tax strategies you may have …

How to avoid tax-time errors on returns

Mistakes on tax returns mean they take longer to process, which in turn, may cause your refund to arrive later. The IRS cautions against these common errors so your refund is timely: 1) Incorrect and …

How we protect you from misleading communications

Social Security works with the Office of the Inspector General to protect people from scams that use Social Security as bait. Section 1140 of the Social Security Act allows OIG to impose severe …

Tax exemption deadlines are fast approaching

Several real estate tax exemptions are available to New York City and state homeowners but some have deadlines that are fast approaching. Among the exemptions is the Senior Citizen Homeowners’ …

How your Social Security benefits are taxed

The Social Security benefits you received in 2023 may be taxable. Each January, you should receive a Form SSA-1099 (Social Security Benefit Statement) which will show the total amount of your …

Boost your tax refund by itemizing deductions

Generally, you must decide whether to itemize or to use the standard deduction on your income tax return. You should itemize if your allowable itemized deductions are greater than your standard …

Slam the scam: How to spot government imposters

Do you know how to spot a government imposter scam? We will continue to raise public awareness about Social Security-related and other government imposter scams during the fifth annual “Slam the …

Standard vs. itemized. Which is best for you?

When filing their federal income-tax returns, taxpayers can choose to either take the standard deduction or to itemize their deductions. It is anticipated that the number of filers who will itemize …

Get educated on retirement savings

Financial education helps people learn about savings, credit and loans. It also helps them prepare for life changes and the unexpected. When planning for retirement financial knowledge is essential. …

How to spot a scam

Now is the perfect time to protect yourself from scams that can damage your finances and reputation.  We can work together to keep your personal information safe!  Fraudsters continue to …

The standard deduction for the 2023 tax year

As most individuals and tax professionals know by now, the standard deduction almost doubled under the Tax Cuts and Jobs Act for the single, married filing jointly, married filing separately, head of …

Finding a qualified tax preparer

If you pay someone to prepare your tax return, the IRS urges you to choose that preparer wisely. Taxpayers are legally responsible for what’s on their tax return even if it is prepared by someone …

Your filing status could affect your refund

The first step to filing your Federal income-tax return is to determine which filing status to use. In other words, two people making exactly the same amount of income could have different income-tax …

General enrollment period for Medicare, Part B

If you did not apply for Medicare Part B (medical insurance) within three months before or after turning age 65, you have another chance each year during the General Enrollment Period, which runs …

10 reasons to E-file your tax return

The Internal Revenue Service says that electronic filing is the safest, fastest and easiest way for taxpayers to file their tax returns. E-filing is also good for the tax system, good for taxpayers …

If you believe the assessed value or tax class of your property is incorrect, you can file an appeal with the city’s Tax Commission. The commission is distinct from the Department of Finance and …

How providing race and ethnicity data helps

At Social Security, we are continuously working to better understand how our programs serve the public. Collecting race and ethnicity data for research and statistical purposes is one way for us to …

Changes for the 2023 tax-filing season: Part 2

The Inflation Reduction Act has expanded and extended new energy credits, which will save tax dollars for most Americans. Also, the $500 lifetime cap for energy will be replaced with a $1,200 annual …

The benefits of Social Security online

Social Security programs touch the lives of more than 71 million people. We work hard to ensure critical benefits and other services are accessible to you. Consider the start of the new year as an …

Property tax exemptions for homeowners

The maxim “every penny counts” is true even in prosperous economic cycles. Let us discuss a few options for New York City homeowners to save money through real estate tax exemptions. Exemptions …

New year, new tax laws

With the new year come new tax laws. One new tax law, called the "Inflation Reduction Act" (IRA), makes the largest investment in combating climate change in U.S. history, lowers the cost of …

Happy New (Tax) Year!

First and foremost, I want to wish all my readers a happy and peaceful New Year. Your emails and calls are appreciated. It’s that time of year again. The income-tax-filing season has begun and …

A Social Security top-10 for 2024

SSA.gov is your best resource to learn about Social Security programs and do business with us.  Our website is designed to make it easy for you to find what you need. Here are our top 10 …

1 | 2 | 3 | 4 | 5 Next »
Currently viewing stories posted within the past 2 years.
For all older stories, please use our advanced search.