IRS Launches Pilot Program for Free Online Tax Filing Available in 12 States
An electronic system for filing returns directly to the IRS is now available to taxpayers from 12 selected states, including Texas.
An electronic system for filing returns directly to the IRS is now available to taxpayers from 12 selected states, including Texas.
If you are a freelancer, self-employed, or someone that does gigs every now and then, you are more than likely receiving income from all kinds of common apps. The tax laws are adjusting to how we can best report this money.
The Biden administration has unveiled a proposal to cap credit card late fees at $8, challenging the longstanding issue of “junk fees” that disproportionately affect people of color and minorities.
While your path to building wealth should be tailored to your circumstances, this three-pronged approach can help you plan for a stable financial future.
As you file your taxes, you may be wondering how a successful tax plan can help you reach your financial goals, whether you’re filing taxes for the first time as a young professional or approaching retirement.
Becoming a financial planner offers both financial rewards and the chance to help others. Whether you’re a recent graduate exploring your career path or a mid-career professional seeking change, this growing profession may be the right fit for you.
Michael Liersch, head of Advice and Planning at Wells Fargo’s Wealth & Investment Management division, stresses the need to foster open conversations about financial decision-making.
A recent Forbes study revealed only about one-quarter of adults nearing retirement have seriously considered getting long-term care insurance or a savings account dedicated to long-term care expenses.
If you recently received your 2023 W2, you may have realized how much money you should have been putting to work to accomplish your savings goals. Ouch, right? No need to stress though — now’s the perfect time to make your hard-earned money hustle for you.
While contributing to a worthwhile cause is a common aspiration, actually doing so right now may feel unrealistic if you’re struggling with your own finances.
Financial planning was once thought of as a male-dominated industry, but that’s quickly changing. The number of women getting their CERTIFIED FINANCIAL PLANNER™ certification is growing year over year — and for good reason: The benefits of entering this field as a woman are numerous.
Embarking on the journey to the first $1 million is often considered the toughest, as per an age-old investment saying. However, navigating the challenges of $100 million introduces its own set of complexities. Enter R360, a distinctive group dedicated to aiding ultrahigh-net-worth individuals and their families in realizing their fullest potential. Picture this: a vibrant…
Millions of new businesses are formed nationwide each year and women of color are leading the charge. The Wells Fargo Impact of Women-Owned Businesses Report found that Black women are one of the fastest-growing groups of entrepreneurs in the United States, representing 14.8% of all women-owned businesses, and Hispanic/Latina women represent 14.3% of all women-owned…
February is the month of love and one of the most popular times of year for couples to get engaged. According to a recent study, 36% of respondents said Valentine’s Day is the most romantic day to propose. If you’re about to get married or just walked down the aisle, here are five things to…
By: d-mars.com News Provider Congress banned more extensions of the student loan payment pauses under the CARES Act in June, which means interest will begin accruing again on billions of dollars of student loan debt for Texans today. Texans had the second largest amount of total student loan debt in the country, owing $127.3 billion,…
By: d-mars.com News Provider There are several myths and misconceptions surrounding 401(k) plans, which are employer-sponsored retirement savings accounts in the United States. It’s important to clarify these misconceptions to make informed decisions about your retirement planning. Here are some common myths about 401(k) plans: Myth: I don’t need to start contributing to my 401(k)…
By: d-mars.com News Provider Stacy M. Brown, NNPA Newswire Senior National Correspondent Black and Hispanics maintained cash buffers substantially below their white and Asian counterparts. Black and Hispanic households consistently maintained lower median cash balances than their white and Asian counterparts during and post-pandemic, according to a new JPMorgan & Chase Co. comprehensive Household Pulse study….
By: d-mars.com News Provider BrandPoint Will I be able to retire? How much do I need to save? What if I outlive those savings? Questions like these are common across America’s current working population. Whether Gen X, Millennial or Gen Z worker populations, they each have hopes for a financially secure retirement, despite current economic…
By: d-mars.com News Provider StatePoint Building wealth is not as easy as it sounds. It can take time, discipline and a plan to keep those dollars protected. However, if done correctly, it can provide security for your family for years to come. No matter where you are in your personal financial journey, there are steps…
By: d-mars.com News Provider NNPA, Stacy M. Brown – Newswire Senior National Correspondent According to the Bureau of Labor Statistics, the impact was particularly pronounced among Black women, especially those working in the public sector. In a setback to the progress made in narrowing the racial unemployment gap, an increase in joblessness among Black workers…