Avatargrewgirl4AvatarAvatarHow to Handle an Estate With This Settlement Checklist | SmartAssetSmartAssetSettling an estate after the death of a loved one can involve both legal and financial challenges. But having a well-organized settlement checklist …
Avatargrewgirl4FlipboardIcon version of the Flipboard logoSix Biggest Mistakes Made on Retirees’ Tax Returnskiplinger.com - By Evan T. BeachReducing your lifetime tax bill is the goal, so if you or your tax preparer made any of these mistakes, an amended return or better planning might be …
Avatargrewgirl4FlipboardIcon version of the Flipboard logo23 Tax Deductions Most People Don’t Know Aboutwealthofgeeks.com - Marjolein DilvenTax deductions allow you to subtract expenses from your income. By writing off eligible expenses on your tax return, you can legally reduce your …
Avatargrewgirl4FlipboardIcon version of the Flipboard logoThe Three Basic Components of a Good Estate Plankiplinger.com - By Jason “JB” BeckettGetting your estate in order so everyone knows what you want when the time comes can save your loved ones confusion and stress. We spend most of our …
Avatargrewgirl4AvatarAvatarCan a Nursing Home Take Our Assets? We Have $800,000 in Investments and Our Home Is Paid Off | SmartAssetSmartAssetNursing home stays and long-term care can cost well over $100,000 per year. To pay for it, families often have to liquidate their assets either to …
Avatargrewgirl4FlipboardIcon version of the Flipboard logoFive Financial Changes That Happen When Your Spouse Dieskiplinger.com - By Evan T. BeachSome of these could catch surviving spouses by surprise, so it’s a good idea to know what to expect in case something happens. As if losing your …
Avatargrewgirl4AvatarAvatar4 things you should know about inheritance taxverified_publisherCNBC - Ryley AmondFrom what is and how it's calculated to who has to pay it and how to avoid it. Death and taxes are the only certainties in life — and the inheritance …
Avatargrewgirl4AvatarAvatarAsk an Advisor: How Do I Reduce My RMD So My Social Security Isn't Taxed? | SmartAssetSmartAssetI’m in my first year of required minimum distributions of $36,000, which is causing me to be taxed on my $33,000 in Social Security benefits. What is …
Avatargrewgirl4AvatarAvatarFailing to Pay Estimated Taxes Will Cost You More in 2024; IRS Boosts Penalty Interest Charges To 8%Forbes - Kemberley WashingtonYou’ll pay a higher price for underpaying estimated taxes. The IRS has raised its penalty interest rate for individuals, to 8% per year. This penalty is assessed for underpayment or late payment of any estimated taxes due throughout the year, typically from people who are self-employed or …
Avatargrewgirl4FlipboardIcon version of the Flipboard logoThe IRS might owe you $1,400. Time is running out to claim itpennlive.com - EmilyAnn JackmanThe clock is ticking when it comes to claiming what the Internal Revenue Service might owe you. If you didn’t know, here’s a reminder: Time is running …
Avatargrewgirl4FlipboardIcon version of the Flipboard logoLiz Weston: If your spouse died, here are some essential money moves to make without delayoregonlive.com - Liz WestonWidows and widowers are often told not to make any major decisions for a year or more after a spouse’s death. Grief can cause you to make choices you …
Avatargrewgirl4AvatarAvatarNew 2024 Tax IRS Brackets Kick In on Jan. 1: Here’s Where You FallThe Messenger - Kathleen HowleyThe beginning of January brings with it new tax brackets that will let some Americans keep more of their income. The changes stem from annual …