Posted on Monday, May 05, 2014 at 12:30 pm CDT
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.
Source: Social Security Tax Strategy