taxes
Mega Millions Lottery Winner Will Get a Mega Tax Bill
Mega Millions Lottery Winner Will Get a Mega Tax Bill
The winning ticket for the $1.05 billion Mega Millions jackpot was bought in Michigan. After federal and state taxes are taken out, that amount will b…
January 25, 2021
5 Ways to Prepare for Higher Taxes Under President Biden
5 Ways to Prepare for Higher Taxes Under President Biden
Will you be affected by tax changes in the future? Growing national debt, changes in Washington, and new policies on the horizon could impact you more…
January 25, 2021
10 States With the Highest Sales Taxes
10 States With the Highest Sales Taxes
Before you embark on a shopping spree in any of the 10 worst states for sales taxes, make extra room in your budget.
January 25, 2021
The 10 Least Tax-Friendly States for Middle-Class Families
The 10 Least Tax-Friendly States for Middle-Class Families
Failing to consider state and local taxes before moving your family to another state could cost you thousands of dollars each year.
January 25, 2021
The 10 Most Tax-Friendly States for Middle-Class Families
The 10 Most Tax-Friendly States for Middle-Class Families
If a move from one state to another is in your future, you could save big bucks by relocating to one of these states where the tax bite is light for m…
January 25, 2021
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12 States That Won't Tax Your Retirement Income
12 States That Won't Tax Your Retirement Income
Retirees can save a lot of money in these states that completely exempt the most common types of retirement income – 401(k)s, IRAs and pensions – from…
January 25, 2021
13 States That Tax Social Security Benefits
13 States That Tax Social Security Benefits
You may have dreamed of a tax-free retirement, but if you live in these 13 states, your Social Security benefits are subject to a state tax. That's on…
January 24, 2021
33 States with No Estate Taxes or Inheritance Taxes
33 States with No Estate Taxes or Inheritance Taxes
Even with the federal exemption from death taxes raised, retirees should pay more attention to estate taxes and inheritance taxes levied by states.
January 24, 2021
18 States With Scary Death Taxes
18 States With Scary Death Taxes
Federal estate taxes are no longer a problem for all but the extremely wealthy, but several states have their own estate taxes and inheritance taxes t…
January 24, 2021
10 Least Tax-Friendly States for Retirees
10 Least Tax-Friendly States for Retirees
When it comes to state and local taxes, retirees in these states are likely to pay more than retirees in other states.
January 24, 2021
10 Most Tax-Friendly States for Retirees
10 Most Tax-Friendly States for Retirees
If you want your retirement savings to last longer, consider moving to one of these states that impose the lowest taxes on retirees.
January 24, 2021
How Much Tax You Will Pay on Your Lottery Winnings?
How Much Tax You Will Pay on Your Lottery Winnings?
The federal government will take a big tax bite out of your $1 billion Mega Millions payout. Your state might, too.
January 22, 2021
Biden Extends Student Loan Relief, Is Loan Forgiveness Next?
Biden Extends Student Loan Relief, Is Loan Forgiveness Next?
On his first day as president, Joe Biden continued the suspension of student loan payments until October.
January 22, 2021
Biden Calls for $1,400 Payments as Part of $1.9 Trillion Relief Package
Biden Calls for $1,400 Payments as Part of $1.9 Trillion Relief Package
Under President Biden's plan for a third stimulus check, the $600 second-round stimulus checks would be increased to $2,000.
January 20, 2021
When Could We Get a Third Stimulus Check?
When Could We Get a Third Stimulus Check?
President Biden and others in Congress are pushing for a third-round of stimulus checks, but it might be a while before we get them.
January 20, 2021
12 Ways the Biden Stimulus Package Could Put (or Keep) Money in Your Pocket
12 Ways the Biden Stimulus Package Could Put (or Keep) Money in Your Pocket
President Biden's "American Rescue Plan" includes several proposals to assist people financially harmed by the pandemic.
January 20, 2021
President Biden's Tax Plans for the Next Few Years
President Biden's Tax Plans for the Next Few Years
With control of both the House and Senate in Democratic hands, President Biden will be able to get more of his tax agenda through Congress. Here's wha…
January 20, 2021
When Could We Get a Third Stimulus Check?
When Could We Get a Third Stimulus Check?
President-elect Joe Biden and others in Congress are pushing for a third-round of stimulus checks, but it might be a while before we get them.
January 18, 2021
6 Reasons Why Your Second Stimulus Check Might Be Delayed
6 Reasons Why Your Second Stimulus Check Might Be Delayed
The IRS started delivering second-round payments in December. If you're still waiting for your money, here's why your second stimulus check could be l…
January 18, 2021
Where's My Stimulus Check? Use the IRS's "Get My Payment" Portal to Get an Answer
Where's My Stimulus Check? Use the IRS's "Get My Payment" Portal to Get an Answer
The IRS has an online tool that lets you track the status of your second stimulus check.
January 18, 2021
The Recovery Rebate Credit: Get Your Full Stimulus Check Payment With This Tax Credit
The Recovery Rebate Credit: Get Your Full Stimulus Check Payment With This Tax Credit
If you didn't get a stimulus check, or you didn't get the full amount, you may be able to claim the recovery rebate credit on your 2020 tax return.
January 18, 2021
How to Handle an IRS Audit of Your Tax Return
How to Handle an IRS Audit of Your Tax Return
Don't panic! Keys to success include being well prepared, establishing credibility right from the start, and keeping your wits about you.
January 15, 2021
When Can You File Your Taxes This Year?
When Can You File Your Taxes This Year?
If you're an early bird when it comes to filing your tax return, you'll have to wait a little longer this year before the IRS will accept your return.
January 15, 2021
12 Ways the Biden Stimulus Package Could Put (or Keep) Money in Your Pocket
12 Ways the Biden Stimulus Package Could Put (or Keep) Money in Your Pocket
President-elect Biden's "American Rescue Plan" includes several proposals to assist people financially harmed by the pandemic.
January 15, 2021
12 IRS Audit Red Flags for Retirees
12 IRS Audit Red Flags for Retirees
Seniors Beware: Your actions can increase the chances of the IRS giving your tax return a closer look.
January 14, 2021