By Jack Phillips The Social Security Administration (SSA) is slated later this month to announce the cost-of-living adjustment (COLA) that awaits in 2024 for tens of millions of retired Americans. The U.S. Bureau of Labor Statistics (BLS) is scheduled to release September’s consumer price index (CPI) data on Oct. 12; the SSA is likely to […]
Tag: Tax
A tax is a compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures. A failure to pay, along with evasion of or resistance to taxation, is punishable by law.