Why will your tax return be less this year?
Tax returns may look like a lot less for many Americans.
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California reparations task force hears from tax experts about possible sources of funding for monetary compensation for Black Americans
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Is Social Security income taxable by the IRS? Here's what you might owe on your benefits
How is social security taxed in 2023? Here are the rules used to calculate how much you might owe on your benefits.
- USA TODAY
Who has to file a tax return: Â It's not necessary for everyone. Here are the rules.
Not everyone is required by law to file a tax return. Here's how to know if you have to and why even if you don't have to, you might want to.
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The IRS Is Letting You Keep More Money in 2023, Increasing Standard Deductions for Inflation
The IRS has some good news for Americans struggling with rampant inflation: You may get to keep more of your money in 2023. Explore: GOBankingRates' Best Credit Cards for 2023Related: 3 Ways Smart...
- Fox Business
Consumers could be in a 'world of hurt' if Biden doesn't act soon, former Walmart CEO warns
Former Walmart CEO and President Bill Simon discusses the mass amount of layoffs that are occurring across various corporate industries in the U.S.
- GOBankingRates
States With the Highest Property Taxes
In some states, homes are cheap, property tax rates are less than half of 1% and the average property tax payment is just a few hundred bucks per year. In the most expensive states, however, rates...
- GOBankingRates
Manchin Proposes ‘Easiest’ Social Security Fix In Response to Debt Ceiling — Would Biden Agree?
On Jan. 19, the U.S. officially hit its debt ceiling, having spent all of the $31.4 trillion available for expenditures as allocated by the Treasury. In the days since, conversations have become...
- GOBankingRates
12 Types of Passive Income That Aren’t Taxable
There are numerous ways to earn passive income, but unfortunately most of them are taxable. This is particularly true of income-generating investments, of which only a handful allow you to avoid...
- Motley Fool
Is a Recession Imminent? 2 Indicators With Flawless Track Records Over the Past 55 Years Weigh In
These two recession-forecasting tools haven't been wrong for more than a half-century. Here's what they say happens next.
- Investopedia
Avoid Overpaying Taxes on IRA Distributions
Don’t assume your IRA custodian will track your nondeductible contributions. Keeping good records helps you avoid paying too much tax on your IRA distributions.
- GOBankingRates
Record Number of Millionaires Betting Against Stock Market in 2023 — Here’s Why
Millionaire investors are predicting that stocks will fall in 2023 -- and substantially. According to the CNBC Millionaire Survey, which consulted investors with $1 million or more in investable...
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Bridging the gap: 3 realistic ways the ‘lost generation’ can catch up to their boomer parents in the race to build wealth
Make taking the easy route the profitable option for once.
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10 Things That You Didn’t Know Were Tax Deductions
It's only the beginning of the year, but it's not too early to start thinking about filing your tax return. By the end of January, you should receive your W-2 and 1099 forms from employers and other...
- Cincinnati.com | The Enquirer
Opinion: Cryptocurrency might be the greatest Ponzi scheme of all time
Innovations of information technology have created huge opportunities for predatory behavior uninhibited by regulation, such as cryptocurrencies.
- Raleigh News and Observer
Republicans’ tax-cut fever has hurt NC. Now they want to cut more | Opinion
A decade of tax cuts have taken a toll on state services and public schools.
- Florida Today
Camping fees don't fly with snowbirds: Letters to the editor, Jan. 29, 2023
Readers share their views in letters to the editor
- Reuters
Philippines to offer value-added tax refund to foreign tourists by 2024
Philippines President Ferdinand Marcos has approved a value-added tax refund programme for foreign tourists by 2024 to attract more visitors, the Presidential Communications Office (PCO) said on Sunday. The government collects a 12% VAT on goods consumed within the Southeast Asian country. The plan is to allow foreigners to get a VAT refund on items they are taking out of the Philippines, similar to what many other countries offer.
- NBC News
How a 'lesson of 2011' shaped Biden's no-negotiation stance on debt limit
President Joe Biden will not negotiate over the debt ceiling deadline with Republican House Speaker Kevin McCarthy because of a near-default in 2011.
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4 Best Arizona Cities To Retire on $2,500 a Month
With warm weather and relatively affordable living costs, Arizona has long been a popular destination for retirees. While the average monthly costs of the necessities (rent, groceries, healthcare and...
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The Expected 2023 Recession May Not Materialize. That Could Be a Problem for Tech Stocks
Calls for a recession in 2023 are now deafening, with not only many economists and experts projecting one, but lots of data and other economic indicators are telling investors to expect one as well. The interesting thing is that a recession may not be so bad for the market, especially when you think about the tech sector, which struggled immensely in 2022. It also might prompt the Federal Reserve to cut interest rates if the agency feels the economy slows too much and needs to be stimulated.