WASHINGTON DC – The U.S. Senate has unanimously passed a bill that would eliminate federal income taxes on tips, a move that could significantly impact millions of tipped workers nationwide. The “No Taxes on Tips Act,” introduced by Senator Ted Cruz (R-TX), cleared the Senate with bipartisan support, raising questions about its prospects in the […]
Washington D.C. – In a move that will impact future retirees, the full retirement age (FRA) for Social Security benefits is gradually increasing. This change, enacted by legislation passed by the U.S. Congress, will see the FRA rise from 67 to 68 over a period of several years.
WASHINGTON D.C. – A bipartisan bill known as the Canadian Snowbird Visa Act has been recently introduced in the U.S. House of Representatives, aiming to extend the amount of time Canadian citizens, particularly those aged 50 and over who own or lease property in the United States, can stay in the country without a visa. […]