Accounting Stock Market Taxes 
The Motley Fool
DECEMBER 16, 2023
Image source: Getty Images Filing taxes isn't always a smooth process. But if you struggled with your tax return in 2023, Mark Steber, Chief Tax Information Officer at Jackson Hewitt , warns, "The upcoming tax-filing season will be yet another complex year." One thing you can do if you haven't already is max out your IRA.
The Motley Fool
SEPTEMBER 9, 2024
Image source: The Motley Fool/Unsplash Building an emergency fund is a cornerstone of personal finance -- and once you've got that money saved, it's crucial to find the best place to keep it (and no, keeping it in your checking account isn't usually your best move). So what kind of account is best for this crucial cash?
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The Motley Fool
SEPTEMBER 28, 2024
Image source: Getty Images HSAs (health savings accounts) are the unsung hero of personal finances. These accounts allow people with qualifying high-deductible insurance plans to set aside $4,150 for single plans and $8,300 for families out of pre-tax dollars. Once you hit age 55, you can add another $1,000 per year.
The Motley Fool
APRIL 30, 2024
Image source: Getty Images Savings account rates have gone up quite a bit over the last two years. Some of the top high-yield savings accounts are currently offering APYs of over 5%, and there's no risk involved. Believe it or not, it's possible to keep too much money in a savings account. That won't last forever, though.
The Motley Fool
MARCH 19, 2024
Image source: Getty Images Getting a tax refund isn't a given. Some people submit their taxes only to see that they owe money to the IRS rather than the other way around. Read more: we researched free tax software and put together a list of the best options here 1. So don't just stick that refund into savings and call it a day.
The Motley Fool
MARCH 18, 2024
Image source: The Motley Fool/Upsplash As of late February, the average tax refund issued by the IRS this filing season was $3,213. But no matter what refund you get on your taxes , it's important to make the most of that money. Rather than risk that scenario, add your refund to your savings account.
The Motley Fool
MARCH 31, 2024
By the time the stock market next opens, April will be here. income taxes. Although in most cases, a refund simply represents a repayment of previously overpaid taxes, it still feels nice to get that cash back. That makes it worthy of consideration for folks looking for a place to invest their tax refund windfall.
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