Personal Finance

Homeowners associations can be a boon, or bust, for buyers. Here’s how to vet HOAs when house hunting

Homeowners associations can be a boon, or bust, for buyers. Here’s how to vet HOAs when house hunting

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

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Here’s what investors should consider now that Series I bonds are paying 5.27%

Here’s what investors should consider now that Series I bonds are paying 5.27%

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

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The tax-extension deadline is Oct. 16. Here are 3 things to know if you still haven’t filed

The tax-extension deadline is Oct. 16. Here are 3 things to know if you still haven’t filed

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,”

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IRS: Meet this Sept. 15 deadline to ‘avoid a surprise at tax time’

IRS: Meet this Sept. 15 deadline to ‘avoid a surprise at tax time’

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%

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Here is the average tax refund so far this year — and some advice on what to do with yours

Here is the average tax refund so far this year — and some advice on what to do with yours

Ivan-balvan | iStock | Getty Images The page has turned on another tax filing season and here’s the data on what refunds looked like this year. As of Apr. 21, the IRS reported the average refund amount (aka money taxpayers overpaid the government) in 2023 as $2,753. This is almost a 9% drop from what

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A ,000 wedding for free: What it’s like to win an all-inclusive wedding giveaway

A $50,000 wedding for free: What it’s like to win an all-inclusive wedding giveaway

Brandon Wallace and Melanie Moore won a free all-inclusive wedding for their July 23 ceremony near Memphis, Tenn. Ashley Benham Photography Couples spend a lot of time planning a wedding — and paying for it. The average cost of a wedding in 2023 rose to $29,000, up slightly from the year prior, according to a

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Here are tax-savvy ways to donate money, according to a charitable giving expert

Here are tax-savvy ways to donate money, according to a charitable giving expert

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

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