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News
Washington’s Cherry Crop Is Down 23%. This Grower Can Work All Season, but Social Security Counts Net Earnings, Not Hours.
1+ day, 9+ min ago (684+ words) A Washington cherry grower can spend an entire season in the orchard and still walk away with almost nothing credited toward Social Security, and the reason has nothing to do with how hard she worked or how much fruit she…...
After 20 Years Managing a Ranch, Their Bosses Gave Them the Deed. Social Security May Count It as One Enormous Paycheck.
2+ week, 2+ day ago (609+ words) Two ranch managers worked 20 loyal years for aging owners who handed them the deed instead of a paycheck, and now the IRS and Social Security may treat that generous gesture as the single largest wage event of their lives. Tax…...
He Sold the Blueberry Farm With the Last Crop Still on the Bushes. Social Security Did Not Count It as One Last Harvest.
3+ week, 4+ day ago (498+ words) Selling an unharvested crop with farmland under Section 1231 excludes the gain from Social Security's retirement earnings test, protecting early claimants' benefits. To qualify, the land and standing crop must transfer to the same buyer in one transaction, with the land…...