What You Need To Know About IRS Tax Refunds In 2025
Tax season is fast approaching, and these changes from the IRS will make it easier to file your taxes -- even if they're from an earlier year.
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Donald Trump's Tariffs Could Have A Substantial Impact On Small Businesses
President-elect Donald Trump has proposed sweeping tariffs on imported goods that could have a substantially negative impact on most U.S. businesses.
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5 Goods We Buy From China That May Be Affected By Trump's Tariffs
Many of the products Americans use every day are sourced either partially or entirely from China, and therefore stand to see their cost increased.
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5 Goods We Buy From Mexico That Will Be Affected By Trump's Proposed Tariffs
Mexico is one of the United States' largest trade partners, sending products ranging from fruits and vegetables to automobiles and medical equipment.
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The Difference Between Import Quotas And Tariffs (And Which Is Worse On Your Wallet)
Import quotas allow a certain amount of an item to be imported, preventing a tax from adding to the final price paid by consumers.
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How The 2025 COLA Affects Whether You Owe Taxes On Social Security Or Not
The Cost-of-Living Adjustment, or COLA, may put your income level into a higher tax bracket, thus increasing the amount you'll owe.
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Elon Musk Has Some People Worried About The Status Of Social Security In 2025
The formation of D.O.G.E. with Elon Musk and Vivek Ramaswamy at the helm, has many Americans fearful for their Social Security checks.
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How Trump's Tariffs Will Affect The Housing Market In 2025
The housing market will largely be impacted differently by new tariffs than other major industries, due to where materials are sourced.
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How Small Businesses Should Prepare To Weather Trump's Proposed Tariffs
Tariffs proposed by President-elect Donald Trump threaten to raise prices on imported goods that many small businesses depend on every day.
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Florida's 6th-Largest City Is A Scenic Retreat Worth Retiring In
This coastal city offers ample coastline, great dining, and pleasant weather all year, making it a top destination for retirees moving to Florida.
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Florida Won't Tax Your Social Security Benefits, But These 9 States Will
Currently, 41 states don't tax social security, with laws relaxing or going away entirely in select additional states beginning in 2025.
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What's The 'Taxes-On-Sale' Concept And How Can You Take Advantage?
This worthwhile concept refers to certain periods and manners in which its possible to optimize the tax burden on investments in your favor.
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2024's Most Searched Tax Deductions Could Land You A Big Refund
If you play your cards right, these popular tax reductions could significantly boost the amount of money you'll get back from the government.
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Get A Bigger Tax Refund With A Stock-Selling Trick You Might Not Know About
Follow this practice employed by savvy investors to lower the tax burden on sold stocks over the course of a single calendar year.
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How To Legally Avoid Paying Taxes (And Boost Your Career At The Same Time)
You likely know that you can deduct interest paid on a student loan. However, there are a few other college-related ways you lower your tax liability.
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Big Changes Could Be Coming To Social Security Spousal Benefits
Removing a specific claim option could have significant impact on some Social Security claimants, though the pot is being balanced in other ways.
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The Type Of Trust That Can Help You (Legally) Avoid Paying Taxes
Forming an irrevocable trust can help you legally avoid certain taxes if you follow the process correctly, but there's much you should know.
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Why You Should Consider The Wash-Sale Rule Before Buying And Selling Stocks
The wash-sale rule comes into play when you sell shares of a stock at a loss and then re-buy them shortly thereafter, affecting tax loss harvesting.
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5 Ways New Tariffs Will Impact Your Family's Budget
Tariffs are coming to the U.S. economy if Donald Trump follows through with his proposed tariffs, affecting everything from garlic to furniture to fashion.
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What Are Tariffs And Who Pays For Them?
While on the campaign trail, President-elect Donald Trump said, "Tariffs are the greatest thing ever invented." Here's how they affect the consumer.
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Why FICA Taxes Are Taken Out Of Your Paycheck
FICA dates back to 1935, the same year the U.S. established the Social Security program. In 1965, FICA was expanded to account for Medicare as well.
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Reduce Your Taxes On Social Security With This Generous Tip
The Social Security Administration says ~40% of Social Security recipients pay taxes on their benefits. Here's a way to possibly get into the other group.
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Here's When The IRS Is Allowed To Garnish Your Social Security
The IRS can garnish wages, but the revenue service can also garnish Social Security. Keep in mind it has 10 years to collect from the assessment date.
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What Is The 'Bucket Strategy' And How Can It Affect Your Retirement Plans?
This retirement strategy is one way to manage retirement income by way of "buckets" that correspond to short-, medium-, and long-term financial goals.
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Will The New 2025 Income Tax Brackets And Standard Deductions Affect You?
Each year, the IRS releases new inflation-adjusted tax brackets and standard deductions. In 2025, these adjustments are smaller than in 2023 and 2024.
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The Truth About The Laffer Curve Theory And How It Affects You
Named after economist Arthur Laffer, the Laffer curve is a concept you've likely heard in the news as it concerns taxes, tax revenue, and proposed tax cuts.
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What Happens If You Contribute Too Much To Your Roth IRA
When contributing to a Roth IRA, it's crucial you know what the contribution limit is for the year. Further, remember the limit applies to all IRAs.
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