There’s still time to reduce your 2022 tax bill with these last-minute moves
‘Take lemons and make lemonade’ with tax-loss harvesting With the S&P 500 Index down nearly 20% for 2022 as of midday Dec. 19, it may...
Tax planning
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‘Early filers’ should wait to submit their tax return in 2023, the IRS warns. Here’s why
If you’re eager to file your 2022 tax return in January or early February, the IRS has a warning: You’ll need to wait for “key...
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Making these 5 money moves now can set you up for financial success in the new year
The end of the year is an important time for making financial decisions that can have an impact in the year ahead — and for...
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You may get a 1099-K for Venmo and PayPal payments. Here’s how to prepare — and shrink your tax bill
Charday Penn | E+ | Getty Images If you’ve accepted payments via apps such as Venmo or PayPal in 2022, you may receive Form 1099-K,...
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‘You can control your tax-reporting destiny’. 4 key year-end tax moves
seksan Mongkhonkhamsao | Moment | Getty Images 1. Boost your 401(k) contributions If you haven’t maxed out your workplace 401(k), there may still be time...
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‘A lot of people are going to see less money in their pocket.’ Here are must-know tax changes for 2022
Tom Werner | DigitalVision | Getty Images Certain tax credits have been reduced One possible reason for a smaller tax refund is the child tax...
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Tax ‘refunds may be smaller in 2023,’ warns IRS. Here’s why
If you’re expecting a tax refund in 2023, it may be smaller than this year’s payment, according to the IRS. Typically, you get a federal...
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If you’re still missing your tax refund, you’ll soon receive 7% interest from the IRS — but it’s taxable
Bill Oxford | E+ | Getty Images If your tax refund is still in limbo, there’s good news: Your balance may be accruing interest, and...
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Here are 4 ways to take advantage of your health-care expenses before the end of the year
ronnachaipark | iStock | Getty Images Health-care expenses can often be unpredictable and unwelcome. However, depending on your situation, there may be strategies you can...
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Massachusetts voters approve ‘millionaire tax.’ What it means for the wealthy
If you make more than $1 million a year in Massachusetts, you may soon be subject to a “millionaire tax” approved by voters this week...
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5 key personal finance issues this midterm election season — and what they mean for your wallet
As Americans head to the polls, several key personal finance issues are weighing on voters’ minds and wallets. This week, the Federal Reserve enacted its...
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‘Millionaire tax’ plans are on the ballot in California and Massachusetts. Here’s what that means for taxpayers
How states plan to spend ‘millionaire tax’ revenue While the proposed taxes sound similar, there are differences in how each state plans to use the...