Social Security Tax Strategy

Social Security Tax Strategy Expands Tool Offerings to Reduce Tax Burdens

Approximately 40 percent pay taxes on social security benefits, according to statistics maintained by the social security administration, yet many wonder is social security taxable and whether there are certain things one should be doing to reduce their tax burden. Although 2013 tax returns have now been filed, individuals find they can begin planning ahead to reduce or eliminate one's taxes in future years.