Personal Finance

There are many pros to tax-loss harvesting, allowing taxpayers to reduce the amount they owe during tax season. But, there are also times when tax-loss harvesting should be avoided. Retirement Daily’s Robert Powell caught up with Jeffrey Levine, CPA and tax pro from Buckingham Strategic Wealth Partners, to answer the question. TurboTax Live experts look out for… Continue reading The Worst Time to use Tax-Loss Harvesting

If your income exceeds the limits to contribute directly to a Roth IRA, you may have heard about the so-called ‘Backdoor Roth IRA,’ which allows traditional IRA conversions to Roth IRA regardless of income. This allows investors to continue funding a Roth IRA despite reporting a higher income. This loophole was set to be closed… Continue reading Pros and Cons of a Backdoor Roth IRA

Whether you’re down at the shore, traveling for a long overdue vacation, chilling with family, or barbecuing with friends, there’s still holiday sales you can’t afford to miss.  And we’re doing the hard work of finding some of the best deals of September. Even if you aren’t shopping for yourself, don’t miss out on early… Continue reading The Best Labor Day Deals to Shop Today

It might come as a bit of a shock to learn how many calories are in those fries, that sandwich, or that coffee drink. It might come as a bit of a shock to learn how many calories are in those fries, that sandwich, or that coffee drink. The fast food market was valued at… Continue reading These Fast-Food Menu Items Pack the Most Calories

Rents in some states have risen 60% to 70% or more since last year, and even doubled in places. These are the cities where rents have gone up the most. Rents in some states have risen 60% to 70% or more since last year, and even doubled in places. These are the cities where rents… Continue reading Cities Where Rents Have Gone Up and Down the Most

Gasoline prices are expected to continue their downward trend during Labor Day weekend as consumers are still receiving a reprieve. Crude oil prices declined on Sept. 2 to $86.97 a barrel on ongoing fears of an impending recession curbing demand. Inflation rates remain high and consumers face tighter budgets from paying more in food, housing and… Continue reading Gasoline Prices Should Keep Falling Unless This Happens

Whether you’re down at the shore, traveling for a long overdue vacation, chilling with family, or barbecuing with friends, there’s still holiday sales you can’t afford to miss.  And we will be hard at work all weekend finding some of the steals of September. Even if you aren’t shopping for yourself, don’t miss out on… Continue reading The Best Labor Day Deals to Shop This Weekend

The tax extension deadline is coming up. Typically it is due on October 15th, but this year it falls on a Saturday. That is good news for tax filers who will have until October 17, 2022, to file all of their paperwork.  So, what do taxpayers need to do? In the video above, Lisa Greene-Lewis,… Continue reading Your Extension of Time to File 2021 Taxes Is Running Out