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Benefits

Proposal Calls for Cap on Social Security Payments for Couples Who Collect Over $100K

Benefits March 31, 2026 

Proposal Calls for Cap on Social Security Payments for Couples Who Collect Over $100K

As Social Security faces potential insolvency in 2032, a new proposal from the nonpartisan Committee for a Responsible Federal Budget calls for capping benefits.

Featured Articles

March 31, 2026  

Why Claiming Social Security Early Can Reduce Your Retirement Check for Life

March 24, 2026  

Social Security Recipients Get Some Bad News

March 24, 2026  

Estimated 2027 Social Security Increase Likely Not Enough for Seniors, Advocates Warn

March 10, 2026  

Social Security Launches Streamlined Process for This Key Document

March 10, 2026  

Column: Social Security Fairness Act Windfalls Can Surprise Some Seniors with Higher Property Tax Bill
abacus next logo 1  58abcba5e6fd6

Accounting January 16, 2023 

AbacusNext Announces Key Executive Appointments to Advance Growth Initiatives

AbacusNext has announced the addition of Greg Reynolds as chief technology officer, Arik Moav as chief financial officer, and James O’Connell-Cooper as senior vice president of marketing.

Trump Companies Fined $1.6 Million for Tax Fraud Conviction

Taxes January 13, 2023 

Trump Companies Fined $1.6 Million for Tax Fraud Conviction

Trump Corporation and Trump Payroll Corporation were sentenced on Friday to pay the hefty sum.

IRS Says 2023 Filing Season to Start on Jan. 23

Taxes January 12, 2023 

IRS Says 2023 Filing Season to Start on Jan. 23

The IRS is expecting more than 168 million individual tax returns to be filed this year, most coming before April 18.

Jason Bramwell

What Clients Want vs. What Many Firms are Delivering

Firm Management January 11, 2023 

What Clients Want vs. What Many Firms are Delivering

Most practitioners pride themselves on delivering accurate, complete, and timely information to clients, and engaging with them in a friendly and focused way.

Here’s How Your 401K or IRA Will be Affected by the New Retirement Fund Rules

Payroll January 10, 2023 

Here’s How Your 401K or IRA Will be Affected by the New Retirement Fund Rules

Let's look at eight provisions outlined in the Senate Finance Committee's breakdown of Secure 2.0 Act.

Rep. Jason Smith Picked to Lead House Ways and Means Committee

Taxes January 9, 2023 

Rep. Jason Smith Picked to Lead House Ways and Means Committee

At 42 years old, Smith will become the youngest-ever chairman of the powerful tax-writing panel.

Jason Bramwell

IRS Corrected 14 Million Tax Returns with Average Refund of $1,232

Taxes January 9, 2023 

IRS Corrected 14 Million Tax Returns with Average Refund of $1,232

Many of the 12 million refunds come from a change in the way unemployment insurance was taxed.

Chapman Bird & Tessler Joins Citrin Cooperman

Firm Management January 9, 2023 

Chapman Bird & Tessler Joins Citrin Cooperman

This will mark the fourth entertainment industry deal in a year. Prior firms include Massarsky Consulting, a music economics and valuations business that joined...

Isaac M. O'Bannon

500 Reasons to Eliminate Social Security’s Tax Cap

Taxes January 4, 2023 

500 Reasons to Eliminate Social Security’s Tax Cap

Ending the cap for the 5% of U.S. workers who earn more than $160,200 would increase revenue by over $150 billion.

SALT Cap Foes Poised to Influence House GOP Tax Agenda

Taxes January 3, 2023 

SALT Cap Foes Poised to Influence House GOP Tax Agenda

Wins in high-tax states were key to Republicans' new House majority but complicate their plans on a signature issue.

Here Are the 5 Benefits Employees Want Most in 2023

Firm Management January 3, 2023 

Here Are the 5 Benefits Employees Want Most in 2023

It goes beyond free lunch, commuting stipends and other sweeteners that dominated the return-to-office push.

New Retirement Rule Delaying Withdrawals Could Bite

Taxes January 3, 2023 

New Retirement Rule Delaying Withdrawals Could Bite

There are some potential advantages for wealthy retirees, but they don’t come without potential trade-offs.

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