Tag Archives: Personal finance

[ad_1] If you’re racing 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. It’s critical to file a complete and accurate return to avoid processing delays, according to the IRS, including details from all the …

[ad_1] CNN  —  The Biden administration is taking new steps to help protect borrowers from scams in the days before Americans can begin to apply for student loan forgiveness. Officials announced “ongoing and expanded efforts across the administration to combat scams and misinformation” on Wednesday, including “educating borrowers about how …

[ad_1] Marko Geber | DigitalVision | Getty Images In times of uncertainty — turbulent markets, high inflation, geopolitical turmoil — we often write about what financial advisors are recommending to clients. This advice often boils down to “stay calm” and “don’t let short-term news lead to impulsive moves that have …

[ad_1] Finding the right financial advisor to help with your financial needs and goals can be a very complicated process. There are so many things to consider. Every financial advisor has their own area of expertise. The services provided by financial advisors will vary based on the type of advisor …

[ad_1] Tap emergency resources Reach out to the Federal Emergency Management Agency, Disaster Assistance Improvement Program and the American Red Cross, as well as state and local governments, for emergency assistance. You may also find help in your community.   “Disasters bring people together,” McClanahan said. “People are really good at …

[ad_1] Hero Images | Hero Images | Getty Images Weigh Roth IRA conversions With the S&P 500 Index down more than 20% in 2022, many investors are eyeing Roth individual retirement account conversions, which transfer pre-tax IRA funds to a Roth IRA for future tax-free growth. The trade-off is paying …

[ad_1] Catherine Mcqueen | Moment | Getty Images It’s easy to transfer cash when a charity pulls at your heartstrings. But other giving strategies may provide a bigger tax break, financial experts say. Despite economic uncertainty, nearly 70% of Americans plan to donate a similar amount to charity in 2022 …

[ad_1] Srdjanpav | E+ | Getty Images The tax-extension deadline is approaching on Oct. 17, and a record 19 million Americans filed for more time to manage their 2021 returns, according to the IRS.  While unpaid tax balances for 2021 have racked up late payment penalties since April 18, filers …

[ad_1] Holiday shoppers are getting a head start on the season, and a few big-name retailers are paving the way. Amazon recently announced a two-day “Prime Early Access Sale” kicking off on Oct. 11 and Target is running its own “Deal Days” starting Oct. 6. “It’s just an arms race,” …

[ad_1] Washington CNN  —  President Joe Biden’s plan to cancel up to $20,000 in federal student loan debt for low- and middle-income borrowers could cost $400 billion, according to a Congressional Budget Office report released Monday. Biden announced the forgiveness plan in August, after facing mounting pressure from progressives to …