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You may owe the IRS on Monday — skipping it could cost you hundreds
CBS News via Yahoo Finance· 3 days agoOthers may also be on the hook, though, including investors who sell assets like stocks or bonds...
If I Give My Son $75,000 Toward a Down Payment, Do I Have to Worry About the Gift Tax?
MSN News· 3 days agoUnless you have given away more than $13 million in your lifetime, a $75,000 gift will not trigger...
A 50-year-old man used an obscure IRS rule to withdraw $20K a year from his retirement savings —...
MSN News· 2 days agoComplex calculations are involved, but the loophole is real.
Sixth Circuit Discredits IRS Mileage Rate as Sufficient Payment to Employee Drivers Under the FLSA |...
JD Supra· 3 days agoThe Sixth Circuit recently considered a consolidated appeal regarding how delivery drivers should be reimbursed for the cost of providing their vehicles for work. The appeal was taken from both ...
I'm Retired. When Can I Stop Filing Taxes?
SmartAsset via Yahoo Finance· 4 days agoWhen you retire or reach a certain age, there might be certain things you no longer have to do. You might get to skip the commute or qualify for some...
I'm Buying a Home. Are Closing Costs Tax-Deductible?
SmartAsset via Yahoo Finance· 5 days agoWhen you're filing your taxes, there's a whole lot to consider. From figuring out who counts as a dependent to organizing your income streams, you may...
I Waited Until the Last Minute to Take My First RMD. Will It Affect the Next One?
SmartAsset via Yahoo Finance· 3 days agoUnlike most personal finance questions, the answer to this one is short and simple: yes, waiting...
I'm Going to Get $2,100 Per Month From Social Security. How Can I Reduce My Taxes?
SmartAsset via Yahoo Finance· 5 days agoIn fact, up to 85% of your benefits are taxable, depending on your other sources of income. Several...
Mark Cuban's Advice For Lotto Winners: Cash Or Annuity?
Benzinga via Yahoo Finance· 7 days agoThe Mega Millions jackpot hit $1.1 billion in March 2024, becoming the fifth-largest jackpot ever....
Analyzing The EITC’s Role In Poverty Reduction
Forbes· 6 days agoSusan Lanham, Amanda Thompson-Abbott, and Tom Norton of Marshall University discuss their research on the earned income tax credit’s effectiveness in...