Tax pros urge annual reasonable compensation reviews for S corps
Tax professionals should document reasonable compensation for S corporation owners every year as California turns to algorithms to flag low …
Senators split over tax fixes as Social Security insolvency looms
The Senate Finance Subcommittee on Social Security, Pensions, and Family Policy met June 24, to weigh the future of Social …
Experts Mull Revenue Raisers to Combat Budget Deficits
Tax policy experts debated whether rising federal debt poses an imminent fiscal crisis or a slower erosion of American living …
Michigan Issues Guidance on Recent Social Security Taxation Changes
By Peter G. Pupke, Esq., Checkpoint News The Michigan Department of Treasury has issued a release explaining the recent changes …
SSA Announces Social Security Taxable Wage Base for 2026
SSA Press Release: Social Security Announces 2.8 Percent Benefit Increase for 2026 (Oct. 24, 2025); SSA Fact Sheet: 2026 Social …
2025 Tax Act Myths: Social Security Tax Rules Unchanged – New Senior Deduction
October 23, 2025 Background Since the passage of the 2025 Act (formerly known as the One Big Beautiful Bill Act), …
Social Security Bill Proposes New Inflation Measure, Tax Changes for High Earners
Senator Mazie Hirono (D-HI) and Representative Jill Tokuda (D-HI) have introduced the Protecting and Preserving Social Security Act to address Social Security’s …
Wall Street Veteran Sworn In as Social Security Commissioner Amid Agency Restructuring
Frank Bisignano, a longtime Wall Street executive and former chairman and CEO of Fiserv Inc., was sworn in as the new Commissioner …
Dems Grill Trump’s Pick to Head Social Security Administration
Nominee Frank Bisignano faced questions from lawmakers about his plans to step up beneficiary services and data privacy — and …
SSA Announces Social Security Taxable Wage Base for 2025
SSA Press Release: Social Security Announces 2.5 Percent Benefit Increase for 2025 (Oct. 10, 2024); SSA Fact Sheet: 2025 Social …