9 Simple Money Moves to Make Before the New Year

The calendar has reached the final month of the year, giving you just days to make some year-end financial moves. These strategies can help lower your risk of identity theft and give you a better picture of your financial health. None of them should take long — you can probably knock them out during the … Read more9 Simple Money Moves to Make Before the New Year

2019 Tax Brackets, Standard Deduction, and Other Changes

I had been waiting to do this article, because I didn’t want to have to rewrite it if Republicans decided to pass another significant piece of tax legislation while they still have control of both chambers of Congress. But it’s now pretty clear that that won’t be happening. While 2018 was a major overhaul relative … Read more2019 Tax Brackets, Standard Deduction, and Other Changes

Retirees Who Miss This Tax Deadline Could Owe the IRS Thousands

Many retirees who turned 70½ years old prior to the start of 2018 are up against a potentially costly tax deadline. Folks this age who own certain types of retirement accounts generally must withdraw what the IRS calls “required minimum distributions” — or “RMDs” — by Dec. 31. If they miss this deadline, they face … Read moreRetirees Who Miss This Tax Deadline Could Owe the IRS Thousands

75 Percent of Eligible Households Ignore This Retirement Tax Credit

In just a few months, it will be income-tax season again. And as in years past, millions of taxpayers likely will miss the opportunity to slash their tax bill by up to $2,000 simply because they overlook a little-known federal tax break. According to the Internal Revenue Service, the Saver’s Credit is worth 10 percent, … Read more75 Percent of Eligible Households Ignore This Retirement Tax Credit

6 Personal Finance Products And Services To Be Thankful For This Thanksgiving

This Thanksgiving take a minute to think about what you’re thankful for. To make things easy for you, we’ve compiled a list of personal finance products and services to be thankful for this year. 6 Personal Finance Products And Services To Be Thankful For This Thanksgiving appeared first on Money Under 30. © Moneyblogs, LLC.

2-Minute Money Manager: How Can I Find a Good Tax Accountant?

Welcome to your “2-Minute Money Manager,” a short video feature answering money questions submitted by readers and viewers. You can learn how to send in a question of your own below. If you’re not typically a video watcher, give it a try. These videos are short and painless, and you’ll learn something valuable. But if … Read more2-Minute Money Manager: How Can I Find a Good Tax Accountant?

This Tax-Slashing Move Is Now More Valuable for Couples

Last year’s tax reform legislation has lowered many folks’ federal income tax rates, which effectively makes Roth IRA conversions cheaper for many of those seeking to limit their taxes in retirement. This is especially true for married couples, though, as CNBC reported recently. The new federal tax brackets “are more favorable for married people,” says … Read moreThis Tax-Slashing Move Is Now More Valuable for Couples