Taxes

Most recent stories in Taxes

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  MoneyWise

  

  How to save money on child care

  moneywise.ca - Barry Choi

  Maternity and parental benefits allow you to receive 55% of your earnings, up to a maximum of $638 (as of 2022) a week. This may not seem like a lot, …

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  MoneyWise

  

  States with no income tax — an oasis for remote workers or just a mirage?

  moneywise.com - Mitchell Glass

  Tennessee only recently joined the squad of income-tax-free states. The Volunteer State used to charge a “Hall income tax,” which applied only to …

• Rake in the points if you can, but look out for processing fees and high interest rates.

  

  MoneyWise

  

  Here's When It's A Good Idea to Pay Your Taxes With a Credit Card

  moneywise.com - Serah Louis

  What it costs to pay taxes with a credit card First off, there’s a significant processing fee involved. The Internal Revenue Service (IRS) allows you …

• As of late March, roughly 7 million unprocessed individual returns were awaiting action.

  

  MoneyWise

  

  A paper weight around the IRS’ neck could delay your tax refund

  moneywise.com - Chris Clark

  What you can do to speed up your tax refund In any tax season, there are big steps filers can take to shorten IRS delays. And remember, you can check …

• Whether your bank account expanded or shrunk based upon your crypto investments last year, Uncle Sam wants to know about it.

  

  MoneyWise

  

  How cryptocurrency gets taxed, whether you're buying, selling, earning or mining

  moneywise.com - Nancy Sarnoff

  If you don’t report crypto on your tax return Last year’s runup saw many Americans dip a toe in the crypto pool for the first time. More than half of …

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  MoneyWise

  

  What Is Taxable Income?

  moneywise.com - Esther Trattner

  We have multiple income streams It's common for Americans to have more than one source of income, and the rise of the "gig economy" is one reason …