Retired And Returning To Work: How The Extra Income Could Collide With Other Financial Considerations

Extra income in and of itself isn’t bad if you are among those retired people thinking about picking up a job again. However, it’s worth considering how the extra income could affect other parts of your financial life. CLICK ON THE HEADLINE FOR MORE

12 Ways To Save On Taxes Through Life’s Transitions

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

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

Biden’s Proposed 39.6% Top Tax Rate Would Apply At These Income Levels

To help finance his legislative agenda, President Biden wants to raise the top income tax rate for wealthy households to 39.6%, from the current 37%. That rate would affect single individuals with taxable income of more than $452,700 and married couples filing jointly with income over $509,300. CLICK ON THE HEADLINE FOR MORE