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A 50-year-old man used an obscure IRS rule to withdraw $20K a year from his retirement savings —...
AOL· 5 days agoWhen Eric Cooper, a 50-year-old early retiree, needed to tap his retirement savings before the age of 59 and a half, he faced the possibility of steep penalties. By leveraging this rule, Cooper ...
What Social Security Could Look Like in 2035
GOBankingRates via Yahoo Finance· 1 day agoThe future of Social Security remains uncertain, forcing people to ask questions like, "Will Social Security run out?" According to the Social Security...
Prosecutor Argues ‘Stormy Daniels Is the Motive’ at Trump Trial
The Wall Street Journal· 1 day agoDonald Trump sought to defraud voters by illegally influencing the 2016 presidential election, a...
I Want to Give My Daughter and Son-in-Law $50,000 For a Down Payment. Should I Worry About Gift Tax?
MSN News· 6 days agoImagine you have $50,000 to give to your daughter and her husband for a down payment on their new...
Taxation of Foreign Currency Transactions Part III: Section 988 Transactions Defined, Character &...
JD Supra· 20 hours agoWhich transactions qualify as section 988 transactions? In section 988 transactions, the taxpayer makes payments or receipts denominated in or determined by reference to one or more nonfunctional currencies.
How to Prepare for and Survive Financial Hardship
Motley Fool via Yahoo Finance· 6 days agoYou might ask to sign a longer lease or give up an amenity you're not using, like an extra parking space. Get financial advice. During times of financial...
Sorting Out An Inheritance Doesn't Have To Be A Headache
Investor's Business Daily· 7 days agoThen educate yourself on personal finance basics so you don't get into debt again. Use the...
House GOP Claims Hunter Biden Lied About Business Dealings
The New York Sun· 7 days agoThe House Ways and Means Committee has released a trove of documents that committee leaders say...
Trump's defense dismantles prosecution's imaginary crimes. But did jury listen?
Fox News· 21 hours agoNEWYou can now listen to Fox News articles! A lying witness and convicted perjurer who is also a...
ERTC Application 2024: CPA Claims Assistance For Maximum Tax Rebates Announced
Digital Journal· 2 days agoHowever, even minor errors or omissions can lead to payment delays or further scrutiny from the IRS, so the firm is raising awareness of its fully managed ...