‘Tis the season to wrap up your 2016 tax year. Read below for what a person’s or business’ tax responsibility may be for the last month of the year – December. Hopefully you will have time to enjoy the holiday festivities, before you have to close out your tax year.
Whether your Social Security benefits are taxable (and, if so, the amount that is taxed) depends on a number of issues. The following facts will help you understand the taxability of your Social Security benefits. For … Read More