Inflation. We're all aware that prices tend to go up over time. This increase in the cost of goods and services is known as inflation and plays a bigger role in your finances than you may realize. What follows are some tips you may consider to manage your money during [...]

The Internal Revenue Service reminds people that Sept. 15, 2021, is the deadline for the third quarter of estimated tax payments. This generally applies to people who are self-employed and some investors, retirees, and those who may not normally have taxes withheld from their paycheck by their employers. The U.S. [...]

Did you know September is National Preparedness Month? With the height of hurricane season here and the ongoing threat of wildfires in some parts of the country, the Internal Revenue Service reminds everyone to develop an emergency preparedness plan. All taxpayers, from individuals to organizations and businesses, should take time [...]

The Internal Revenue Service reports interest rates will remain the same for the calendar quarter beginning Oct. 1, 2021. The rates will be: 3% for overpayments (2% in the case of a corporation); 0.5 % for the portion of a corporate overpayment exceeding $10,000; 3% percent for underpayments; and 5% [...]

Individual Retirement Arrangements, or IRAs, provide tax incentives for people to make investments that can provide financial security for their retirement. These accounts can be set up with a bank or other financial institution, a life insurance company, mutual fund, or stockbroker, according to a news release. Here's a basic [...]

There's good news for some as well as relief as the Internal Revenue Service is providing transition relief to certain employers claiming the Work Opportunity Tax Credit. The WOTC is a federal income tax credit available to employers that hire certified members of certain groups specified in the Internal Revenue [...]