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Who May Still Be Eligible for $1,400 Stimulus Checks With Their 2021 Tax Returns
Most of the third round of stimulus checks has been sent. But if you never received a payment or your circumstances have changed, you may be eligible for money.
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House Passes ‘Secure Act 2.0.' Here's What That Means for Retirement Savings
The House of Representatives has passed the Securing a Strong Retirement Act, or Secure Act 2.0. It’s good news for many retirement savers.
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Op-Ed: Here Are Some Savvy Tax-Efficient Investment Strategies
High-net-worth investors have several options when it comes to tax-saving moves. Here’s a look at a few of them.
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Last Chance to Avoid a 50% Penalty on Required Withdrawals Is April 1 for Some Retirees
If you turned age 72 during the second half of 2021, the deadline for your first annual required withdrawal from retirement accounts is April 1, 2022.
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FTC Sues TurboTax Owner Intuit for Advertising Tax Software as ‘Free'
The Federal Trade Commission claims Intuit uses “bait and switch” advertising that markets TurboTax as free but charges most users when they file their taxes.
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Sen. Elizabeth Warren Says Billionaires Should Pay More Taxes to Help the ‘Next Elon Musk'
“I’m happy to celebrate success, but let’s remember, Elon Musk didn’t make it on his own,” the Massachusetts Democrat told CNBC on Tuesday.
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House of Representatives Set to Vote on Bill to Improve Retirement System. What to Know
The House of Representatives could vote on the Securing a Strong Retirement Act, or Secure Act 2.0, as early as Tuesday.
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Sen. Elizabeth Warren Lauds Biden Billionaires' Tax, Calls for Even More CEO Pay Changes
Sen. Elizabeth Warren praised the Biden administration’s renewed effort to introduce a new tax on the country’s wealthiest households.
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Biden's Budget Proposes Tax Hike on Married Filers Making More Than $450,000
President Joe Biden has proposed a hike on the top marginal income tax bracket for single filers earning more than $400,000 and married couples above $450,000.
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There's Still Time for 2021 IRA Contributions, But a Tax Break Isn't Guaranteed. Here's What to Know
The deadline for 2021 traditional individual retirement account contributions is April 18. But there are special rules to qualify for a deduction. What to know.
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President Joe Biden to Propose New 20% Minimum Billionaire Tax
President Joe Biden is expected to propose a new minimum tax that would largely target billionaires, according to a document obtained by CNBC.
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How to Avoid a Tax Filing Rejection If Last Year's Return Is Still Pending
Is your 2020 tax return still pending? There’s a special step to follow when electronically filing your 2021 return, the IRS says.
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57% of U.S. Households Paid No Federal Income Tax Last Year as Covid Took a Toll, Study Says
More than half of Americans paid no federal income tax last year due to Covid-relief funds, tax credits and stimulus, according to a new report.
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Almost 645,000 People Still Hadn't Gotten Their Third Stimulus Checks by Last Fall, Treasury Says
People who hadn’t gotten payments include parents with eligible dependents and people who received an unemployment tax break, according to a Treasury report.
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Here's the Average Tax Refund So Far This Year — and the 3 Best Places to Stash Yours
A tax refund offers a rare opportunity to build a safety net. Here are three ways to stretch the one-time payment.
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How to Avoid a 6-Figure Tax Penalty on Foreign Bank Accounts
If you have overseas financial accounts, you may need to disclose balances to the U.S. Department of the Treasury by April 15 or incur a steep tax penalty.
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There's a Tricky Cryptocurrency Question on Your Tax Return. ‘You're Playing With Fire If You Don't Report It.'
The IRS has issued a warning about how to answer the cryptocurrency question on the front page of your tax return. Here’s how to respond correctly.
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There Are 4 Weeks Until the Tax Deadline. What Filers Need to Know
There are four weeks until the federal tax deadline, which is April 18 for most Americans. Here’s what to know if you haven’t filed.
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Meet Erin Collins, National Taxpayer Advocate for the IRS
Erin Collins, the national taxpayer advocate, fights for systemic changes within the IRS. Here’s what to know about the Taxpayer Advocate Service.
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The IRS Has Delivered More Than 45 Million Tax Refunds. This Is the Average Payment
The IRS has issued more than 45 million refunds worth almost $152 billion, as of March 11. Here’s the average payment.