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IRS Tax Filing Deadline Passed: Penalties, Fines & What Late Filers Should Do Now

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The January 31 deadline for key wage and contractor reporting forms has passed, and businesses that missed it could now face penalties from the Internal Revenue Service. These rules mainly affect employers and payers who report worker earnings and certain payments to nonemployees. The good news: acting quickly can reduce costs and prevent bigger problems. … Read more

Social Security Reassures Beneficiaries During Shutdown: Payments Will Continue

Social Security Reassures Beneficiaries During Shutdown: Payments Will Continue

A recent federal shutdown situation caused anxiety for millions who depend on Social Security and Supplemental Security Income (SSI). Many feared monthly benefits could be delayed. The agency responded with a short but powerful reassurance: payments will not be impacted. That message brought relief to nearly 75 million Americans who rely on these benefits for … Read more