Geber86 / Getty It’s official: The tax season kicks off for individual filers on Jan. 23, the IRS announced Thursday. For most taxpayers, you must file your federal return and pay your balance by April 18 this year to avoid racking up penalties and interest. “This filing season is the first to benefit the IRS
Month: January 2023
Key takeaways Inflation fell in December, with the overall Consumer Price Index (CPI) falling 0.1% for the month. It’s the biggest reduction since April 2020, and brings the annual rate of inflation own to 6.5%, from 7.1% last month. The biggest driver of the reduction was lower fuel and gasoline prices, which were down double
Topline The Internal Revenue Service has announced it will begin accepting tax returns on January 23—kicking off the 2023 tax season—and announced other key deadlines for the tax season. Key Facts The IRS has just announced that the start of the 2023 tax season would officially begin on January 23 and is expected to end
As 2023 begins, how should real estate agents best consider profitable avenues to which to dedicate time and resources? Here are a few ideas, starting with the most global and then becoming more specific: Be a good citizen. On the macro level, this may be the most important thing any agent can do. Participate in
In this article WMT CRM Follow your favorite stocksCREATE FREE ACCOUNT A shopper pushes a cart through the parking lot of a Walmart on the morning of Black Friday in Wilmington, Delaware, on November 25, 2022. Samuel Corum | AFP | Getty Images As times get tighter in retail, Walmart is chasing a new side
In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT Planes are seen at Charlotte Douglas International Airport on December 28, 2022 in Charlotte, United States. Peter Zay | Anadolu Agency | Getty Images American Airlines shares rose nearly 5% in premarket trading Thursday after the carrier hiked its revenue and profit estimates for the
In this photo illustration the Disney+ logo seen displayed on a smartphone screen. SOPA Images | LightRocket | Getty Images Check out the companies making headlines in premarket trading. Disney – Disney shares added more than 1% in early morning trading after the company elected independent director Mark Parker as Chairman of the board. It also
Valentinrussanov | E+ | Getty Images The Biden administration rolled out a new proposal this week to dramatically lower monthly payments for some federal student loan borrowers. If and when the overhauled income-driven repayment plan becomes available, some people could see their bills decrease by as much as a half, according to the U.S. Department
Millions of Americans do not save enough for retirement, not because they don’t want to, but because they face systematic obstacles to doing so. One such obstacle is a tax code rigged to benefit the highest earners. Congress took one small step (among other, ineffective steps) to fix this by creating a federal saver’s match
Today’s Social Security column addresses questions about when applications for benefits can be submitted, who might and might not be able to receive spousal benefits and whether investment withdrawals affect Social Security disability benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc. See
The Oregon home of former Portland Trailblazer CJ McCollum has come on the market just outside West Linn, a suburb of Portland. The NBA shooting guard was traded early last year to the New Orleans Pelicans, where he has put on an impressive showing scoring 40 and then 42 points in late December games. Also
Loading chart… Black Stone Minerals LP: “I like this situation.” Loading chart… Biomarin Pharmaceutical Inc: “I would hold onto that one.” Loading chart… Kura Oncology Inc: “That’s it, one of these personalized oncology companies. Here’s what I say about those. Some of them are going to work, and some are not.” Jim Cramer’s Guide to
John Ray, chief executive officer of FTX Cryptocurrency Derivatives Exchange, arrives at bankruptcy court in Wilmington, Delaware, US, on Tuesday, Nov. 22, 2022. Eric Lee | Bloomberg | Getty Images FTX has recovered over $5 billion worth of liquid assets, including cash and digital assets, attorneys in Delaware bankruptcy court said during an FTX bankruptcy
mediaphotos | E+ | Getty Images Tax season is almost here, and there are key things to know before the IRS begins accepting individual returns, experts say. While tax filing for business returns kicks off on Jan. 12, the IRS hasn’t announced the opening date for individual filers. Last year, the tax-filing season began on
Tim Robberts | Digitalvision | Getty Images Starting this month, more than 65 million Social Security beneficiaries will receive benefit checks that include a record-breaking 8.7% cost-of-living adjustment. Social Security benefits are slated to increase by more than $140 per month on average, according to the Social Security Administration. The average retiree benefit will increase
One of the greatest benefits of traveling, or better yet, of living in a different country, is to be able to see how others live their lives and to compare it with how we live ours. If we are open to it, we can gain perspective and insight, not only into the human condition in
It is easy to write off as mere symbolism the House vote to rescind nearly all the $80 billion IRS funding increase Congress approved last year. After all, the bill passed by House Republicans will be ignored by the Democrat-controlled Senate. And it would be vetoed by President Biden if it miraculously got to his
A New, Hip, High tech Retirement Environment Debuts in Houston Today’s Baby Boomers are a larger, healthier, and more active demographic than their folks were, out-sizing them by 62%. The 75+ population in the U.S. is projected to grow 50% in the next ten years, doubling in the next 20. Do we want to live
A man is getting a Covid-19 test at a Covid-19 mobile testing site as people lined up at the Times Square in New York City, on Dec 6, 2021. Tayfun Coskun | Anadolu Agency | Getty Images The omicron XBB.1.5 subvariant does not have any mutations known to make people sicker when they catch the
In this article BBBY AMC GME Follow your favorite stocksCREATE FREE ACCOUNT A “Store Closing” banner on a Bed Bath & Beyond store in Farmingdale, New York, on Friday, Jan. 6, 2023. Johnny Milano | Bloomberg | Getty Images A group of highly speculative stocks rallied double digits on Wednesday as retail investors pushed meme
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