More than half of older taxpayers (57%) are worried they’ll have to pay more taxes this year because of the 5.9% Social Security cost-of-living adjustment in 2022, according to a January survey by The Senior Citizens League, a nonpartisan seniors group. Heritage Financial’s Chief Planning Officer, Ed Jastrem, was asked to share some tips for seniors this tax season.
2023 Tax Tips for Seniors
April 13, 2023