Check to See If Your Tax Bracket Is Changing for 2024
On Thursday, the IRS released its annual adjustments for the 2024 tax year, which include changes to income tax brackets and a higher standard deduction. These shifts happen every year…
All Strange Things About India and world
On Thursday, the IRS released its annual adjustments for the 2024 tax year, which include changes to income tax brackets and a higher standard deduction. These shifts happen every year…
Photo: ZikG (Shutterstock) Tax day 2024 is not until Mon, Apr 15, 2024, and also right around the corner. The luxury of time doesn’t mean you should wait until the…
From student loans, to medical bills, to simply putting food on the table, so much of managing your finances can feel like it comes down to getting by day-to-day. Retirement,…
In an effort to modernize and streamline its operations, the IRS has unveiled plans to achieve “paperless processing” for tax returns by 2025. In a press release Wednesday, the agency…
Photo: Jimmy Rooney (Shutterstock) Scammers love to prey on taxpayers by pretending to represent the IRS and using their “authority” to acquire sensitive personal information and steal your money. These…
Typically when you hear “distribution planning,” you think of retirement. However, the tax planning that goes into retirement planning can be applied to other major expenses; namely, paying for college.…
If you ever fantasized about leaving your job right on your 67th birthday and living a life of relaxation in retirement, well, the pandemic likely shattered that vision. These days,…
There’s a lot of magical thinking surrounding retirement. The rule of thumb is to target about 80% of your current income for your retirement, and while that number is a…
Photo: Sergey Furtaev (Shutterstock) As of the week leading up to Tax Day, the IRS had paid out nearly 76 million refunds, with the average refund totaling $2,840. While it…
Retirement is one of those life stages that seems inevitable. From an early age, it’s pounded into us: You have to save for retirement, and you have to plan for…