Damercodec | E + | Getty Images This is an excerpt from the Personal Finance Team’s weekly Twitter space, “This Week, Your Portfolio.” Check out the latest episode hereand continuing every Friday at 11 a.m. ET. tax season Launched Jan 23. The IRS expects taxpayers to file More than 168 million returnees, most of them … Read more
Are you self-employed and wondering how to maximize your tax deductions for the 2022 tax year? Here’s a look at 15 of the best tax write-offs you don’t want to miss: Qualified work income. Mileage or vehicle expenses. retirement savings. Insurance premiums. office supplies. home office expenses. Credit card and loan interest. Phone and internet … Read more
If you made a transfer to a Roth individual retirement account in 2022, you may have a more complex tax return this season, experts say. Pre-tax transfer strategy Non-deductible IRA Funds to a Roth IRA for tax-free future growth tend to be more common during a Stock market downturn Because you can transfer more assets … Read more
