While shopping for new homes is already competitive, prospective buyers should consider an additional factor when weighing the pros and cons of a given property: homeowners associations. HOAs can carry monthly fees as high as $1,000, the American National Bank of Texas found. As these associations become more common, prospective buyers should vet them before […]
Series I bonds are now paying 5.27% annual interest through April 2024, up from the 4.3% yearly rate offered since May. While the new rate is down significantly from the record 9.62% in May 2022, investors can now lock in a fixed rate of 1.3%, which may appeal to long-term investors. However, short-term investors should compare I bonds
Here’s what investors should consider now that Series I bonds are paying 5.27% Read More »
In 2021, a Tesla employee and a tech industry researcher filed a whistleblower complaint to the SEC with concerns that Elon Musk’s car company may have violated securities law and flouted accounting standards. The complaint contained detailed allegations about Tesla’s financials and business practices, including that it improperly categorized repairs and had poor control over
There’s less than a week until the Oct. 16 tax-extension deadline for 2022 returns. If you miss the due date, the failure-to-file penalty is 5% of unpaid taxes for each month or part of month until filing, capped at 25%. “The best thing you can do to meet the extension deadline is to get organized,”
Inflation posted its biggest monthly increase this year in August as consumers faced higher prices on energy and a variety of other items. The consumer price index, which measures costs across a broad array of goods and services, rose a seasonally adjusted 0.6% for the month, and was up 3.7% from a year ago, the
August core inflation, excluding food and energy, rose 0.3%, hotter than expected Read More »
The third-quarter estimated tax deadline for 2023 is Sept. 15, and applies to income from self-employment, small businesses, investments, gig economy work and more. Typically, you need to make estimated payments if you’re expecting an annual tax liability of $1,000 or more. But you can avert an IRS penalty by paying the lesser of 90%
IRS: Meet this Sept. 15 deadline to ‘avoid a surprise at tax time’ Read More »
JPMorgan’s Jamie Dimon: We don’t recalibrate regulations and it … CNBC Source link
JPMorgan’s Jamie Dimon: We don’t recalibrate regulations and it slows growth Read More »
If you’re planning to donate money, certain charitable giving moves provide a bigger tax benefit, experts say. The Tax Cuts and Jobs Act of 2017 increased the standard deduction, making it harder to claim charitable tax breaks. But donor-advised funds and qualified charitable distributions from pre-tax individual retirement accounts may be worth exploring. Donald Gruener
Here are tax-savvy ways to donate money, according to a charitable giving expert Read More »
Income Tax Return Filing FY 2022-23: With July approaching, it’s that time of the year when salaried and individual taxpayers have to file their income tax return. The last date to file the Income Tax Return for assessment year 2023-24 is July 31, 2023. However, it is always advisable to e-file your ITR ahead of
A tentative deal to raise the debt ceiling limit includes up to $21.4 billion of IRS budget cuts, slashing part of the nearly $80 billion in agency funding. The bipartisan bill rescinds nearly $1.4 billion of the money allocated to the IRS and a separate deal would repurpose $20 billion for fiscal years 2024 and
Proposed debt ceiling deal would cut part of $80 billion IRS funding Read More »
