WASHINGTON - Older Americans got a double dose of bad news Thursday: There will be no cost-of-living increase in Social Security benefits next year, and Medicare bills are set to soar for many. Read more
WASHINGTON - Social Security turns 80 today, and the massive retirement and disability program is showing its age.
Social Security's disability fund is projected to run dry next year. The retirement fund has enough money to pay full benefits until 2035. Read more
WASHINGTON - IRS investigators believe the identity thieves who stole the personal tax information of more than 100,000 taxpayers from an IRS website are part of a sophisticated criminal operation based in Russia, two officials told the Associated Press. Read more
WASHINGTON - Nearly 1,600 IRS workers were found to have willfully evaded taxes over a 10-year period, including some who were responsible for enforcing the nation's tax laws, a government watchdog said Wednesday. Read more
WASHINGTON - House leaders used Wednesday's tax filing deadline to pass a package of bills designed to protect taxpayers from potential abuse by the IRS, a response to recent scandals at the agency. Read more
WASHINGTON - The Senate sided with traditional retailers and financially strapped state and local governments Monday by passing a bill that would widely subject online shopping - for many a largely tax-free frontier - to state sales taxes. Read more
WASHINGTON - Former Massachusetts Gov. Mitt Romney won all 20 delegates at stake in Puerto Rico's Republican presidential primary Sunday, adding to his lead in the race for delegates to the party's national convention. Read more