Voluntary Export Restraints (VERs) encourage nations to cap their exports on certain products, and tend to have same impact on buyers as tariffs.
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Whether or not you should pay a professional to file your taxes or simply utilize an online service comes down to the complexity of your situation.
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The three countries under threat of new or increased tariffs by President-elect Donald Trump have not reacted kindly to the bad news.
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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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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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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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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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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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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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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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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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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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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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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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President-elect Donald Trump has released a number of dangerous policy proposals that could have disasterous effects on our nation's debt.
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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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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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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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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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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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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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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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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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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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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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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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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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