Tag: personal finance
Tax pros ‘horrified’ by IRS decision to destroy data on 30 million filers
courtneyk | E+ | Getty ImagesAn audit by the Treasury Inspector General for Tax Administration revealed the IRS has tossed data for millions of payers [...]
Here’s why inflation may be less costly for some retirees
A shopper at a San Francisco grocery store on May 2, 2022.David Paul Morris | Bloomberg | Getty ImagesInflation is a growing concern as Americans spen [...]
IRS insists destruction of taxpayer data won’t affect payers
alfexe | iStock | Getty ImagesFilers won't be affected by the IRS decision to destroy data for millions of taxpayers, the agency said in a statement T [...]
Ahead of summer storms, check homeowners policy for weather coverage
Win McNamee | Getty ImagesAs spring warmth takes hold, homeowners may want to make sure they're prepared for the severe weather that will likely soon [...]
That college degree is no longer the only path to the American Dream
Foto Sipsak | Getty ImagesFor decades, a college education was the "golden ticket" to the American Dream, translating into higher lifetime earnings an [...]
Your new ‘retirement’ home could be a cruise ship
Jeff Farschman, 72, is a serial cruiser from Delaware who spends months at sea in retirement.Jeff FarschmanFor nearly two decades, Jeff Farschman, 72, [...]
Over 60 million tax returns could be completed automatically, study says
Tom Werner | DigitalVision | Getty ImagesThe IRS may have the ability to automate nearly half of tax returns, according to a working paper from the Na [...]
Worried about a recession? Here’s how to prepare your portfolio
FG Trade | iStock | Getty ImagesMore from FA Playbook:Here's a look at other stories impacting the financial advisor business."We all understand that [...]
Money decisions by women will shape the future for the U.S.
The rising economic power of women in this country is one of the most significant financial shifts of recent decades. The bottom line: Women are gener [...]
I bonds to deliver a record 9.62% interest for the next six months
Marko Geber | DigitalVision | Getty ImagesIf you're eyeing ways to fight swelling prices, I bonds, an inflation-protected and nearly risk-free asset, [...]
How to manage a surprise increase in money if you sold your business
When Kristen Heaton launched her own business in 2013, she never dreamed she'd sell it for seven figures. So, when she sold it to Amazon aggregator Pe [...]
Most Americans still feel optimistic about retirement, survey finds
Ipggutenbergukltd | Istock | Getty ImagesDespite the pandemic, most Americans still feel optimistic about a comfortable retirement, but inflation is t [...]
Powerball’s $473.1 million jackpot has a winner. Here’s the tax bill
Joe Raedle | Getty Images News | Getty ImagesA single lottery ticket sold in Arizona is about to change someone's life — after the IRS takes a piece o [...]
These are the best and worst U.S. places to die, report shows
Your end-of-life experience may be very different depending on where you live, according to a Policygenius report that ranks the country's best and wo [...]
How much winners have hauled in over the years
Saul Loeb | AFP | Getty ImagesThere's a chance — a tiny one — that a Powerball player will manage to turn $2 into $421 million on Monday night.That's [...]