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Every year the IRS must adjust the dollar amounts of a variety of provisions which affect every taxpayer, to keep pace with inflation. New dollar amounts affecting 2012 returns, filed by most taxpayers in early 2013 include the following:
Blow out the candles and cut the cake, the Social Security Administration ("SSA") is celebrating its 75th birthday!
I recently attended a presentation by one of the Social Security representatives. If you get a chance to attend one of these sessions, I strongly encourage you to do so. Here are some of my notes from this seminar. Please be aware that I did not verify these facts. Any errors would surely be in my note taking ability.