Tag: IRS
![beware scam](https://crr.bc.edu/wp-content/uploads/2022/10/beware-scam.png)
It is a cruel farce. Scammers use the names of federal agencies charged with protecting citizens’ financial security to rip them off. The Consumer Financial Protection Bureau (CFPB) has confirmed the existence of a new scam in which someone purporting to be from the agency contacts individuals and tells them they are eligible for a…
![two women talking](https://crr.bc.edu/wp-content/uploads/2022/12/two-women-talking.jpg)
The reduction in benefits for some people who collect Social Security while simultaneously working is frequently called a “tax.” It is not a tax. Under a Social Security rule known as the Retirement Earnings Test (RET), some benefits are withheld if the worker earns above a certain level – $19,560 in 2022 – and has…