AvatarThe Motley FoolAvatarAvatar20 hours agoGet a Big Tax Refund? Here's Why That's Actually Bad Newsverified_publisherThe Motley Fool - Christy BieberWhen you get a big tax refund, you have essentially loaned the IRS a lot of your money. And you haven't been paid a dime of interest or otherwise …
AvatarThe Motley FoolAvatarAvatar1 day agoHow I'm Saving Over $10,000 on My 2023 Taxesverified_publisherThe Motley Fool - Matt Frankel, CFP®If I add up the value of all these deductions and credits, the tax savings is well over $10,000 when compared to how much I'd have to pay if I didn't …
AvatarThe Motley FoolAvatarAvatar2 days ago3 Great Things to Do With Your Tax Refundverified_publisherThe Motley Fool - Christy BieberInvesting in a brokerage account is another great option, especially if you already have an emergency fund and don't have high-interest debt. If you …
AvatarThe Motley FoolAvatarAvatar2 days agoI Have a Huge Tax Bill This Year. Here's Why I'm Gladverified_publisherThe Motley Fool - Christy BieberI'll owe money because my income is higher One of the reasons why my tax bill is going to be a few thousand dollars is because my income went up in …
AvatarThe Motley FoolAvatarAvatar3 days agoWhy This 'Tax Problem' With Savings Accounts Isn't Really a Problem -- and How to Avoid Itverified_publisherThe Motley Fool - Ben GranInterest income tax is based on your marginal tax rate Interest income is taxed as "ordinary income," meaning that the IRS treats this money the same …
AvatarThe Motley FoolAvatarAvatar3 days ago5 of the Biggest Tax Breaks for Retireesverified_publisherThe Motley Fool - Dana GeorgeIf you're fortunate enough not to need the required minimum distribution (RMD) from a traditional IRA, consider transferring the cash directly to a …
AvatarThe Motley FoolAvatarAvatar3 days ago3 Tax Mistakes That Can Cost Parents Thousandsverified_publisherThe Motley Fool - Chris NeigerMarried parents filing jointly can claim the total amount per eligible child if their household income isn't more than $400,000. For single parents, …
AvatarThe Motley FoolAvatarAvatar3 days ago4 Smart Tax Strategies for Retireesverified_publisherThe Motley Fool - Dana GeorgeThere are less taxes owed on some investments than others. For example, municipal bonds are not taxed at the federal level and some qualified …
AvatarThe Motley FoolAvatarAvatar3 days agoThe Fastest Way to Get Your New York Tax Refundverified_publisherThe Motley Fool - Brittney MyersThe funny thing about taxes is that, technically, the best result is no one owes anyone anything -- when, in reality, many of us are happy to get …
AvatarThe Motley FoolAvatarAvatar3 days agoThe Fastest Way to Get Your California Tax Refundverified_publisherThe Motley Fool - Cole TrethewayYou want your first submission to be your last. According to the FTB, amended tax returns can delay refunds big-time. It could take up to five months …
AvatarThe Motley FoolAvatarAvatar3 days agoHere's What Happens When You Don't File Your California Taxesverified_publisherThe Motley Fool - Ben GranCalifornia is known as a laid-back place of beaches and sunshine. But don't get too lackadaisical about paying your California state taxes. If you …
AvatarThe Motley FoolAvatarAvatar4 days ago7 Tax Mistakes That Can Cost Small Business Owners Thousandsverified_publisherThe Motley Fool - Ben GranTax season is a good time for small business owners to reflect upon their past year's business performance, and plan ahead for next year. As part of …