WASHINGTON — While the tax package that Congress passed New Year’s Day will protect 99 percent of Americans from an income tax increase, most of them will still end up paying more federal taxes in 2013. That’s because the legislation ...Read More »
The correct classification of a worker as an employee or independent contractor has been a continuing area of dispute between many health care and non-health care employers on the one hand, and the IRS on the other. The determination carries ...Read More »
WASHINGTON — The Senate is the newest arena in the election-year face-off over federal student loans, and both sides are starting out by pounding away at each other. With Congress returning from a weeklong spring recess, the Senate plans to ...
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WASHINGTON — High energy prices and an economy that has been slow to rebound are worsening Social Security’s finances, shortening the life of the trust funds that support program by three years, the government said Monday. Those funds will now ...
Tagged with: benefits Congress cuts disabled energy prices finances Government Health and Human Services Secretary Kathleen Sebelius medicare retirees social security spending timothy geithner treasury secretary timothy geithnerRead More »
WASHINGTON — The number of people seeking unemployment aid neared a four-year low last week, a positive sign that strong hiring could continue in the coming months. The Labor Department said Thursday that weekly applications for unemployment benefits fell 15,000 ...Read More »
ANNAPOLIS — A Maryland audit has found that prison inmates had access to personal information such as social security numbers while working for Maryland Correctional Enterprises. The audit released Tuesday focused on a program that provides work experience for inmates, ...Read More »
WASHINGTON — The federal deficit was lower in the first quarter of the 2012 budget year than the same period last year. Yet, the imbalance remains high by historical standards and should keep lawmakers debating tax increases and spending cuts ...Read More »
WASHINGTON — Squeezed by rising living costs, a record number of Americans — nearly 1 in 2 — have fallen into poverty or are scraping by on earnings that classify them as low income. The latest census data depict a ...Read More »
WASHINGTON — Consumers barely increased their spending in October but their incomes rose by the most in seven months. The rise in take-home pay could boost spending during the upcoming holiday shopping season. The Commerce Department said Wednesday that spending ...Read More »