The Good Brigade | DigitalVision | Getty Images How IRS collection notices work Typically, CP14 is the first IRS notice for an unpaid tax balance, followed by three or four …
Klaus Vedfelt | Digitalvision | Getty Images As the new year approaches, building wealth is a top priority for “hardworking” middle-class Americans, according to a new survey from investing app …
Lump sum distribution may be ‘a mistake’ “Virtually everybody who wins the lottery picks the lump sum distribution,” said Andrew Stoltmann, a Chicago-based lawyer who has represented several lottery winners. …
The Powerball jackpot hit $1.2 billion on Oct. 3, 2023, the third-biggest prize in the game’s history. Scott Olson | Getty Whether you pick the lump sum or annuity payout, Loyd …
Shohei Ohtani, formerly of the Los Angeles Angels, pitches during a game in Anaheim, California, on July 6, 2021. Daniel Shirey | Major League Baseball | Getty Images Shohei Ohtani …
Westend61 | Westend61 | Getty Images If the current stock market rally added profits to your portfolio, a lesser-known strategy could help rebalance your assets or reduce future taxes. The …
Only 41% of investors with more than $1 million have a plan for passing on their wealth to future generations, UBS says. kate_sept2004 via Getty Images As retirees consider their …
IRS Commissioner Daniel Werfel speaks during an IRS event on August 2, 2023 in McLean, Virginia. Alex Wong | Getty Images The IRS is sending more than 20,000 rejection letters …
People exit the Supreme Court building in Washington, D.C. on Tuesday, June 27, 2023. Minh Connors | The Washington Post | Getty Images The Supreme Court is set to hear …
Ольга Носова | Istock | Getty Images If you’re retired and giving to charity this season, there’s a planning move that can reduce your 2023 taxes while donating to a …