Pharma bro Martin Shkreli owes $1.6 million in taxes
He’s got 99 problems, and taxes are just one. “Pharma Bro” Martin Shkreli, who was released from prison last year after serving time for financial...
Taxes
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5 tax and investment changes that could boost your finances in 2023 amid economic uncertainty
1. Bigger contribution limits on retirement accounts If you’re eager to boost your retirement savings, there’s good news for 2023: higher contribution limits for your...
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Major Changes That Will Affect American Travelers in 2023
As we welcome the arrival of a fresh new year, Americans are keen to move forward from the long-suffered constraints of the pandemic era. For...
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This ‘wild card’ strategy can help retirees with unpaid quarterly taxes before year-end
Sdi Productions | E+ | Getty Images If you’re retired and skipped your 2022 tax payments, you can still avoid late penalties with an under-the-radar...
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Spain’s New Digital Nomad Visa Set To Launch in January
Remote workers everywhere have been anxiously awaiting the arrival of Spain’s long-promised digital nomad visa, which is expected to launch in January 2023. To make...
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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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What the pro-business tax agenda is chasing in a changing Congress
Sunrise hits the U.S. Capitol dome on September 30, 2021 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images Main Street could...
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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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The IRS reminds Americans earning over $600 on PayPal, Venmo, or Cash App transactions to report their earnings
If you use third-party payment platforms, like PayPal, Venmo or Cash App, to collect payments for your side gig or business, the Internal Revenue Service...
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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...