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Latest Personal Finance News

How to Minimize or Avoid Taxes on Your Venmo Transactions

Whether you are splitting a bill or selling handmade goods, the IRS may expect you to report certain payments. This…

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How Much Money Does a Couple Need to Retire?

Planning for retirement as a couple adds another layer of complexity to what’s already an important financial goal. If you’re…

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The IRS Isn’t Answering. Now What?

What should you do if you need help with your taxes?After a busy filing season, many households are trying to…

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How Much Should I Have in Retirement Savings at 55?

At 55, many people are about 10 years from retirement and may wonder how much they should have saved to…

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What Is Withholding Tax and How Is It Calculated?

You’ve likely noticed the IRS withholds a portion of your paycheck before it ever reaches your bank account. This is…

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At What Age Can You Retire With $1 Million?

For many Americans, $1 million is the benchmark for a secure retirement. But in today’s economy, at what age you…

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Inc. vs. LLC: Key Differences, Pros and Cons for Taxes

Choosing between a corporation (Inc.) and a limited liability company (LLC) affects how your business is taxed, how profits are…

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IRS Braces For More Workforce Cuts Once Tax Season Ends

With the 2025 regular tax season deadline just days away, the IRS is already bracing for more cuts in its…

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Tax Filing Season Statistics Suggests Taxpayers Are Still Waiting To File

IRS data from the fourth week of the tax filing season—the week ending February 21, 2025—continues to suggest that taxpayers…

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How To Forecast Growth In The Age Of Uncertainty

It only takes a quick scan of any cable news network to realize that we have entered a whole new…

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