Taxes

If You Had a Baby in 2020, You Can Get $1,100 of Stimulus Money

If you’re the proud new parent of a 2020 baby, here’s some good news to get you through those sleepless nights: Your 2020 bundle of joy qualifies you for a sweet bundle of stimulus cash — $1,100 to be exact. Why Do New Parents Get an Extra $1,100? The first stimulus check gave parents an […]

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.

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What Is the Generation-Skipping Transfer Tax?

Estate planning can help you pass on assets to your heirs while potentially minimizing taxes. When gifting assets, it’s important to consider when and how the generation-skipping tax transfer (GSTT) may apply. Also called the generation-skipping tax, this federal tax … Continue reading →

The post What Is the Generation-Skipping Transfer Tax? appeared first on SmartAsset Blog.

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A Guide For Victims Of Tax Related Identity Theft

Being a victim of tax related identity theft can leave you scrambling to take the proper steps to set things right. Here's are the things you need to do.

The post A Guide For Victims Of Tax Related Identity Theft appeared first on Bible Money Matters and was written by Peter Anderson. Copyright © Bible Money Matters - please visit biblemoneymatters.com for more great content.

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TurboTax Review: What to Know About the Online Tax Filing Service

TurboTax now offers live professional help, audit support, and even the ability to input your info by taking a photo of your W-2. But is it right for you? Our TurboTax review will help you decide.

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.

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Here Are the Taxes You Pay on /r/WallStreetBets Investment Gains

Much of America — and other parts of the world — was caught up in the excitement of the investment success of the /r/WallStreetBets Reddit forum in late January, in which a bunch of small-scale investors identified a weak spot in the stock market and successfully exploited it, creating a bunch of individual rags-to-riches stories. […]

The post Here Are the Taxes You Pay on /r/WallStreetBets Investment Gains appeared first on The Simple Dollar.

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