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Social Security Benefits Subject to Tax

Social Security Benefits Subject to Tax

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  Do you know that part of your Social Security Benefits may be subject to paying federal taxes to the IRS?   The Federal Tax Reform of 2017, known as the Tax Cuts and Jobs Act (TCJA), brought changes that in general will not economically affect millions of...
Puerto Rico Chauffeur’s Social Security

Puerto Rico Chauffeur’s Social Security

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Disability Insurance tax is imposed on the first $9,000 of wages and salaries paid during the calendar year. This provides compensation to workers for loss of salaries resulting from disability caused by sickness or accident not related with their employment. Both...