Personal taxes

Personal Finance

Why millionaires may have already hit their Social Security payroll tax limit for 2024

[ad_1] Ezra Bailey | Getty Images Most Americans can expect to pay Social Security payroll taxes throughout 2024. But for…

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Personal Finance

Biden’s budget pushes to renew bigger child tax credit payments for families

[ad_1] Parents and children participate in a demonstration organized by the ParentsTogether Foundation in support of the child tax credit…

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Personal Finance

Biden calls for tax on the wealthy to extend Medicare funding

[ad_1] President Joe Biden delivers remarks on his plan to protect Americans access to affordable health care in Virginia Beach,…

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Personal Finance

Inflation boosted the 2023 federal income tax brackets. Here’s how your taxes may compare to 2022

[ad_1] Drakula & Co. | Moment | Getty Images After a year of soaring prices, the IRS made annual inflation…

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Personal Finance

As Social Security reform talks heat up, changes to the retirement age, payroll tax may be on the table

[ad_1] Pascal Broze | Onoky | Getty Images To be sure, other changes may be on the table. Sens. Angus…

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Personal Finance

You can avoid paying surprise taxes by picking the best investment accounts. Here’s how

[ad_1] dowell | Moment | Getty Images If you’re looking for ways to trim your yearly tax bill, experts may…

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Personal Finance

Some newlyweds may face a higher tax bill due to a ‘marriage penalty.’ What to know

[ad_1] Ivan Kyryk | Istock | Getty Images If you got married in 2022, you can add “tax return” to…

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Business

IRS tells residents of 16 states they do not need to report ‘special payments’ on their federal return

[ad_1] The IRS on Friday issued federal tax guidance for millions of Americans who received state rebates or payments in…

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Personal Finance

As some retirees worry about surprises this tax season, these resources may help

[ad_1] Allison Michael Orenstein | Getty Images As the tax season kicks off, seniors may be facing new questions this…

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Personal Finance

Two of the ‘best’ ways to donate to maximize your tax deduction for charitable gifts, according to financial advisors

[ad_1] Members of the Salvation Army play music during the lighting of the world’s largest Red Kettle in the Times…

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