If you have an LLC, S-Corp, partnership, C-Corp, or other state-registered entity, your entity has a new federal reporting requirement starting in 2024.
Latest Blog Posts
Fidelity Private Client Group But No Free TurboTax, What to Do?
Fidelity gives a selected group of customers free TurboTax. See how to check if you have the offer and what to do if you weren’t selected.
Which Financial Decisions Require Extra Attention and Which Don’t
Some financial decisions require extra attention upfront and others don’t. Asking these 3 questions helps you distinguish which is which.
Downsides of HSA: When It’s Not Worth It to Contribute
The triple tax-free benefits of an HSA are easily negated by other factors. Don’t choose an HSA-eligible health insurance plan only to contribute to an HSA.
2024 Social Security Cost of Living Adjustment (COLA)
We project the Cost of Living Adjustment (COLA) for Social Security benefits next year under different scenarios. Retirees are better off with a lower COLA.
Stay Away from Zero-Percent C of I in TreasuryDirect
Treat TreasuryDirect as a delicate object. Do as little as possible with it. Stay on the beaten path. Be extra careful not to get your account locked.
2024 2025 2026 Medicare Part B IRMAA Premium MAGI Brackets
You pay higher Medicare Part B and Part D premiums if your income exceeds certain thresholds. Here are the IRMAA income brackets for 2024, 2025, and 2026.
3 Lessons Learned From a Botched Money Transfer
Some ways of transferring money are better than others. Learn these lessons from a botched money transfer and use a better method when you do it next time.
Voluntary Tax Withholding on Selling I Bonds at TreasuryDirect
TreasuryDirect normally doesn’t withhold taxes from the proceeds when you sell I Bonds. If you prefer to have taxes withheld, here’s how to do it.
Which Treasury to Buy While Keeping Your Taxes Simple
Buying Treasuries can complicate your taxes depending on which ones you buy and how you buy them. See how to keep it simple and avoid tax headaches.