12 Ways To Save On Taxes Through Life’s Transitions
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There are ways to save on your taxes through life’s transitions. Here are 12 tax tips to help you save through major life events. CLICK ON THE HEADLINE FOR MORE
Category: Budgeting
Unemployment Benefits Were Tax-Free In 2020. Don’t Expect That In 2021
It’s unlikely that lawmakers will decide to let those collecting jobless benefits in 2021 forego paying taxes. Anyone receiving those benefits now should plan to pay the IRS a portion of that money. CLICK ON THE HEADLINE FOR MORE
Economists Agree Inflation May Hit 5.5% This Year
Economists agree that inflation may rise up to 5.5% at the end of 2021 but are still uncertain what levels it will reach by 2022 and what policies the Federal Reserve Bank will take. CLICK ON THE HEADLINE FOR MORE
Spring Cleaning For Your Finances: CARES Act Provisions For Retirement Savings, Charitable Giving
The CARES Act includes provisions for things like retirement savings and charitable giving, and this Spring could be a good time to review your portfolio. CLICK ON THE HEADLINE FOR MORE
Will You Owe Taxes On Your 2020 Unemployment Checks?
Extemded unemployment benefits provided much-needed relief to 40 million people in 2020, But Americans could be facing hefty tax bills in April if they didn’t realize unemployment benefits are taxable by the federal government and by some states. CLICK ON THE HEADLINE FOR MORE
16 Of The Worst Pieces Of Financial Advice People Have Ever Been Given
While there’s a lot of good financial advice that could be beneficial to someone trying to save money, there’s also some really bad guidance being given. The Reddit community was recently ask “What’s the worst piece of financial advice somebody has given you?” The responses were downright concerning. CLICK ON THE HEADLINE FOR THE BEST ONES
How To Make a Financial New Year’s Resolution You’ll Actually Keep
Smply making a resolution doesn’t mean you’ll be able to keep it. Only about 40% of people who make resolutions are still on track to meet their goals by June. To find out why it’s so hard to keep a New Year’s Resolution—and five ways to make a financial goal you can actually achieve, CLICK ON THE HEADLINE
Three Board Games That Can Teach Kids About Their Personal Finance
Kids can not only learn a little something about finances but also enjoy themselves playing board games. Not only about entertainment, the games can teach important money lessons too. CLICK ON THE HEADLINE FOR MORE
5 Money Moves You Should Make Now That The Election Is Over, According To These Experts
Is there anything you should do for your personal finances to be ready for political change? Five experts were asked for advice on how you can take control of your finances under a new administration. CLICK ON THE HEADLINE FOR MORE
Biden’s Economic Plan: What It Means For The Economy, Finances And Another COVID-19 Stimulus Package
Analysts say Bden’s blueprint will bring back the 11 million jobs and $670 billion in annualized gross domestic product wiped out – and not yet recovered – in the crisis more rapidly than if President Donald Trump had won a second term. CLICK ON THE HEADLINE FOR MORE