Remember that backlog of unopened IRS correspondence? The agency is taking another step towards offering taxpayers an alternative to adding to the pile: taxpayers who receive specific notices requiring them to send information to the IRS now have the option of...
Paying for college is a big topic of conversation in my house. That’s to be expected, as I have three kids. But the best way to pay—and what happens when things don’t go as planned—is something that we can never seem to nail down. As parents like me...
The Internal Revenue Service has released dozens of inflation adjustments affecting individual income tax brackets, deductions and credits for 2023 and—no surprise—today’s four decade high inflation has translated into some big hikes. Consider the standard deduction,...
The Social Security trust fund is projected to be exhausted in 2033, according to a recent report by the Congressional Budget Office. This report inspired the usual slew of hysterical misconceptions that Social Security will become bankrupt and you won’t...
Joe Natiello is facing what you might call a “nice problem to have.” Almost 20 years ago, the 64-year-old Westfield, New Jersey, resident took out a term life insurance policy, to help cover his family in case the worst happened. Next year, though, that...
What do all parents have in common? We want the best for our kids. We want our kids to grow up to be independent, healthy adults who can achieve their dreams and live a full life. While money isn’t everything, the ability to manage our money is an important piece of...
