Tax Extension Deadline Is Oct. 17: Three Common Errors To Watch Out For, Advisors Warn

If you’re looking to meet the Oct. 17 tax extension deadline, make sure you don’t skip key forms as you’re rushing to the finish line, experts say. CLICK ON THE HEADLINE FOR MORE

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How To Turn Stock Losses Into Tax Savings, And Other Ways To Trim Your Tax Bill

There’s not much you can do to stop interest rates from climbing or stocks from falling. Still, you may have more control than you realize when it comes to another financial pain point that can significantly impact your budget — your taxes. For several moves to consider to improve your chances of tax savings, CLICK ON THE HEADLINE

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IRS Tax Bracket 2023: How Will Inflation Affect Refunds?

While the government is expected to announce 2023 tax brackets in November, it has to be noted that the figures will be based on the monthly average of Consumer Price Index changes for the latest fiscal year, which is between October 2021 and September 2022. CLICK ON THE HEADLINE FOR MORE

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The IRS Is Getting A Lot More Money For Audits. Should You Be Worried?

Congress is pouring a whopping $80 billion into the IRS over the next 10 years to beef up the nation’s tax collection system. Does this mean the tax cops are more likely to be on your tail? In fact, it might make the whole business of paying your taxes easier and better, maybe even reduce the amount all of us have to pay. CLICK ON THE HEADLINE FOR MORE

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Romney Child Tax Credit Proposal Could Be A Lifeline — But It Has Some Big Flaws

Dubbed the The Family Security Act 2.0, Senator Mitt Romney is eager to bring the boosted Child Tax Credit back to life. But while his proposal is a positive one in nature, it has a couple of major flaws. CLICK ON THE HEADLINE FOR MORE

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