payroll tax cut

Casual Dining Chains Still Feel the Pinch

The overall economy may be picking up, but restaurants are hurting. And it's the casual, or family-style chains – such as Red Lobster, Applebee's, and Bob Evans – that are feeling the most pain.

Olive Garden Owner Darden Restaurants Warns on 3rd Quarter

Darden Restaurants, struggling to draw more customers into its Olive Garden, Red Lobster, and LongHorn Steakhouse restaurants, said Friday that its third-quarter profit could fall below Wall Street's expectations and cut its outlook for the year.

7 New Social Security Rules for 2013

The Social Security Administration has implemented a variety of new rules and features for 2013. Here's a look at some of the recent Social Security changes that go into effect this year, and how they'll affect your payments.

Fiscal Cliff Averted: And Here Are the Next 6 Crises to Worry About

The fiscal cliff has been averted -- at least for now. But if we've managed to dodge one devastating, intentionally-created crisis, there are plenty more massive problems on deck. Here's a list of the next six ways Washington could mess things up for tens of millions of Americans.

Counterpoint: Soften the Blow of Social Security's Fall

Thanks to the expiration of the temporary payroll tax cut at the end of this year, President Obama has a historic opportunity to shore up Social Security. The Motley Fool's Chuck Saletta explains how this tax hike could be the best thing for the country.

What's Happening to Social Security Next Year?

If you're receiving Social Security benefits, your check will rise by 1.7% in 2013, thanks to that program's most recent annual cost-of-living adjustment. If, on the other hand, you're still working and paying into Social Security, your taxes are going back up next year.

The Fiscal Cliff: Who Has the Most to Lose If We Fall Off

Beyond the land of presidential debates, the political arena is getting hotter. The pending economic catastrophe that is the "fiscal cliff" is drawing closer. But the broad numbers the pundits are tossing around hide some interesting truths about who'll feel the most pain if we hurtle over it.

How Looming Tax Hikes Would Hit Typical Families

A variety of tax cuts enacted during the tenures of Presidents George W. Bush and Barack Obama expire at the end of December. Expiring provisions include Bush-era cuts on wage and investment income and cuts for married couples and families with children. Also expiring is a 2 percentage point temporary payroll tax cut.

The Hidden $1,000 Bonus Obama Put in Your Paycheck

While many Americans are hoping the fellows running for president will give them a tax cut, President Obama has already given all of us one that saves the average family about $1,000 extra a year. So how can you put that bonus to the best use?

Get Ready to Pay Thousands of Dollars More in Taxes

Lawmakers have gotten in the habit of waiting until the last minute to extend many tax breaks, but last year, they ran out of time. Now, unless Congress acts soon, millions of Americans are face changes that could leave them sending thousands of dollars a year more to the IRS.

House Passes Payroll Tax Cut for Obama's Signature

The House has passed a two-month renewal of payroll tax cuts for 160 million workers and unemployment benefits for millions of jobless, giving President Barack Obama a resounding victory over Republicans who control the House. The Senate approved the bill earlier Friday.

House, Senate Show No Give in Payroll Tax Fight

House and Senate leaders traded demands Wednesday but remained mired in a bitter holiday-season stalemate that is threatening 160 million workers with Jan. 1 tax increases and millions of the long-term unemployed with an end to their benefits.

House GOP Rejects 2-Month Payroll Tax Cut

The House Tuesday rejected legislation to extend a payroll tax cut and jobless benefits for two months, drawing a swift rebuke from President Barack Obama that Republicans were threatening higher taxes on 160 million workers on Jan. 1.