Once again, the Internal Revenue Service has tacked on another $500 to its 401(k) contribution limit for 2018 — that’s one of the highlights of the IRS’ newly unveiled schedule of tax rates, deductions, credits and exemptions for that year.
Jackie Cohen is an award winning financial journalist turned turned financial advisor obsessed with climate change risk, data and business. Jackie holds a B.A. Degree from Macalester College and an M.A. in English from Claremont Graduate University.
For the people that find that they owe more taxes to the Internal Revenue Service (IRS) for the 2014 tax year, paying that tax bill could be a problem. The amount of your tax bill is due by the last day to file income tax returns, April 15. If you have not prepared properly, the … Read more
It is important for every investor to be aware of how taxes will affect their investments and returns. Investors in the United States generally receive their 1099 Forms detailing their income from brokerage accounts towards the beginning of February. Taxes due from the income on these investments must be paid on or before April 15 … Read more
Its tax time. Time to file your income taxes with the Internal Revenue Service and hopefully, get a refund back from the taxes you paid throughout the year. For some families, the tax refund is the biggest windfall payment that they will receive all year. Sadly, criminals know this and will go to great lengths … Read more