April 18 isn’t only the income tax return deadline. It’s also the gift tax return deadline for people who made large gifts last year.
Read MoreTo help ensure financial security in retirement, saving now on a tax-favored basis is a smart move. And if you qualify, you still have time to contribute to an IRA or SEP and save on your 2021 tax return.
Read MoreIf you’re like many Americans, letters from your favorite charities may be appearing in your mailbox acknowledging your 2021 donations. But what happens if you haven’t received such a letter? Can you still claim a deduction for the gift on your 2021 income tax return? It depends.
Read MoreMany families with young children will get a bigger tax credit for last year’s childcare expenses.
Read MoreHow much can you contribute to a 401(k) plan for 2022? How much is the standard deduction? How much do you have to earn this year before you can stop paying Social Security on your salary? Here are some answers to these and other tax-related questions for 2022.
Read MoreThe year ahead poses both challenges and opportunities for every business’s sales staff. Evaluate each team member’s strengths and weaknesses now to improve your odds of a successful 2022.
Read MoreIf you have a flexible spending account, you may want to schedule a trip to the dentist, buy new eyeglasses or have elective medical procedures performed. Here’s why.
Read MoreBusiness owners, you can sharpen your marketing efforts through the effective use of competitive intelligence.
Read MoreThe Internal Revenue Service announced the tax year 2022 annual inflation adjustments for more than 60 tax provisions
Read MoreHourly Minimum Wage Will Increase to $15 Effective Jan. 1
Read MoreIf your employer rewarded your hard work with a year-end bonus, you are typically required to pay taxes on this.
Read MoreFeeling generous this year? Here are the basic rules for charitable contributions and gifts to loved ones.
Read MoreFor retirement savers who want to help make sure their money lasts as long as they do, this very basic planning method is an oldie but a goodie.
Business owners, you may not have a crystal ball, but you can forecast cash flow. Here are four tips to consider.
Read MoreA special federal income tax break is available if you rent your vacation home for less than 15 days during the year. Here are the rules.
Read MoreMany small businesses are still feeling the pressure of the pandemic. If yours needs a loan, check out the SBA’s newly enhanced COVID-related EIDL program.
Read MoreTo stay competitive, many businesses need cash to fulfill their strategic objectives. Put yourself in a lender’s mindset before you take out a loan.
Read MoreIf you’re selling your principal residence, some or all of the profit may be tax free. It depends on your home sale profit and your income. Here are the basic rules.
Read MoreWhen it comes to maximizing your Social Security benefits, there are many elements to consider. One factor that can be especially enlightening is your Social Security break-even age. Here's how to calculate it, and how it could help you time when you take your Social Security benefits.
Read MoreNow is a good time to reflect on what the COVID-19 pandemic has done to your finances (and surprise, there may be some good news here) and to your priorities themselves. After giving it some thought, here’s what you should do going forward.
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