Personal Finance

1. Did you request an extension in time? If someone was late filing an extension, the extension probably isn’t valid, said Lisa Featherngill, the national director of wealth planning at Comerica Bank. “This isn’t a problem if they are due a refund,” she says. “However, if they owe tax, they can be assessed a late filing… Continue reading Five Tips for Taxpayers Who Requested an Extension to File Federal Taxes

Ask a sports fan about heading to the stadium for a big game and you’ll hear a lot about the fun of the tailgate, the smell of peanuts and sausages in the air, and the full-throated roar of the crowd. What you likely won’t hear about is how much it costs to get there, stay… Continue reading Las Vegas Raiders and Golden Knights are Among Hottest Sports Tickets

Many economists believe that taxes should be increased on the wealthy, both to help curb the budget deficit and to narrow the gaping inequality between rich and poor in this country. The top marginal tax rate is now 37% for taxable income above $539,000. While President Joe Biden would like to see a tax hike,… Continue reading Larry Summers: Raises Taxes on Wealthy Now

The Arena Media Brands, LLC and respective content providers may receive compensation for some links to products and services on this website. It’s that time of year again! High school graduates are spending the summer celebrating their amazing accomplishments and getting ready for the whole new world of college. It can be kind of daunting… Continue reading Save on These Dorm Organization Hacks on Amazon

One of the housing market’s biggest problems over the past 18 months has been a shortage of supply. That problem appears to be easing a bit. Active home listings surged 29% year over year in the week ended July 16. That about matches the numbers from the prior two weeks, according to Realtor.com. To be… Continue reading Rising Home Inventories: A Sign of Strength or Weakness?

Retirement Daily’s Robert Powell caught up with Jeffrey Levine, CPA and tax pro from Buckingham Strategic Wealth Partners, to discuss tax tips for those attempting to pay for their college education with cryptocurrency. TurboTax Live experts look out for you. Expert help your way: get help as you go, or hand your taxes off. You… Continue reading Tax Tips for Those Paying for College With Crypto

When you make a home improvement, such as installing central air conditioning or replacing the roof, you can’t deduct the cost in the year you spend the money. But, if you keep track of those expenses, they may help you reduce your taxes in the year you sell your house. TurboTax Premier makes it easy… Continue reading Home Improvements and Your Taxes

Even before the pandemic, those who work remotely would regularly come across this type of offer: Move to a small town desperately in need of development and get anything from a free house or several thousand as a cash gift from the state of Vermont to an actual castle abandoned by Italian nobility. The catch is usually that the towns… Continue reading These Towns will Give You Free Homes and Land for Moving There in 2022