Here's how to get an additional six months to file your 2021 tax return. For the 2021 tax year, individual income tax returns are due by Monday, April 18, 2022. However, the IRS acknowledges that not all taxpayers can meet...
Many Americans spend their lives working hard and dreaming of the day they can finally retire. But planning for retirement requires more than dreaming — it means being strategic and focused on saving money, among other things. The average age...
As someone who writes about retirement all the time, I'm often motivated to do a personal checkup and see if I'm on track with my savings. And to that end, there's a host of free online tools available to run...
Many Americans spend their lives working hard and dreaming of the day they can finally retire. But planning for retirement requires more than dreaming — it means being strategic and focused on saving money, among other things. The average age...
If rising prices have you worried, one way of insulating your nest egg comes straight from the government: Series I savings bonds. Right now they’re paying 7.12%. Inflation readings reached four-decade highs of 7.5%, the Bureau of Labor Statistics reported...
Here's how to tackle tax season as a freelance employee. There are many benefits to being self-employed. Often, you'll get to set your own hours, work from whatever location you please, and take on projects that interest you. There are...
Saving money on taxes is a top priority for many Americans as it's never fun to send a lot of money to the IRS. The good news is, there are plenty of ways to reduce your tax bill – including...
Tax season 2022 has arrived. The Internal Revenue Service starts accepting and processing 2021 tax returns Monday, Jan. 24, 17 days earlier than last tax season’s late start of Feb. 12. However, you might not have everything you need in...
Intuit Inc. Chief Executive Officer Sasan Goodarzi warned that Americans who invested in speculative assets like Bitcoin or nonfungible tokens, and actively traded equities on commission-free websites could be dumbfounded at this year’s tax bill. “We’re gonna see a lot...
Investors tend to see their risk preferences drift in reaction to past experiences Last year’s stock market blowout is apt to prove “a dangerous blessing” for many ordinary retirement plan savers, Liberum chief market strategist Joachim Klement warns. Thanks to...
How'd the U.S. find itself staring down the highest inflation rate since 1990? It starts with the pandemic, our attempts to stave off a recession and COVID-19's ripple effect around the globe. With inflation at a 39-year high, Americans are...
If you didn’t get the last stimulus check, don’t despair. You still have time to claim the money if you’re eligible. A third round of stimulus payments was distributed as part of the $1.9 trillion American Rescue Plan, signed into...
Inflation has been running high for several months since this summer, and it might not be as "transitory" as policymakers initially thought. Federal Reserve Board Chair Jerome Powell had a noticeable change of tune earlier this month, and former Chair...
Consolidate scattered accounts, reduce taxes, beef up contributions and more As we count the days left in 2021, some people might be ready to create fresh financial goals for 2022. But there are still plenty of opportunities left in 2021...
One final blast of cash is set to arrive Dec. 15 for roughly 36 million families nationwide — including about 1 million families in Michigan — who are eligible for the advance payment for the child tax credit. But what...
