Americans

IRS issues another tax warning to Americans who earned more than $600 online

IRS issues another tax warning to Americans who earned more than $600 online

Independent contractors who have earned money through online services will have their income reported to the Internal Revenue Service (IRS) starting in 2023, the agency said in a second warning issued Tuesday. People who have made money through eBay, Etsy, Poshmark, Uber and other digital services will face the new oversight and new rules. It …

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Explosion of US debt financed by Americans, not foreign countries, posing risks to economic growth

Explosion of US debt financed by Americans, not foreign countries, posing risks to economic growth

Brian Brenberg, Fox News contributor and professor of economics at King’s College, reacts to the November ADP report. The explosion of US government borrowing over the past 15 years has been fueled not by loans from China and Japan, but by the purchase of Treasury bills by US financial institutions, state governments and other national …

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This Brilliant Idea Can Make Everyone Better With Money, Older Americans Say

This Brilliant Idea Can Make Everyone Better With Money, Older Americans Say

Polls consistently show that older Americans regret a lot of things — working too much, choosing the wrong partner, not taking care of their health, and so on. There are also often financial regrets, such as not having saved enough and investing too little for retirement. This last regret has many reasons: everything from the …

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7 Financial Planning Strategies for Affluent Americans

7 Financial Planning Strategies for Affluent Americans

financial planning for high net worth individuals Financial planning is the process of creating a plan for managing your money and assets. Financial planning for high net worth individuals is specifically for individuals and families who have accumulated greater wealth. If you are a High Net Worth Individual (HNWI), it is important to understand the …

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IRS warns Americans to report $600 transactions from payment processors or risky audit

IRS warns Americans to report $600 transactions from payment processors or risky audit

The Internal Revenue Service reminds taxpayers to report transactions of at least $600 made through payment networks like Venmo, Paypal and Cash App, as the agency seeks data regarding part-time employment and side gigs, a move critics called a government abuse. In a recent explainer posted online, the IRS said that according to the American …

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Inflation is pushing some Americans to skip Thanksgiving dinner this year: survey

Inflation is pushing some Americans to skip Thanksgiving dinner this year: survey

Inflation and the current economy have caused some Americans to skip Thanksgiving dinner in 2022, according to a recent poll. (iStock) High inflation, recession fears and an uncertain economy are reshaping Americans’ Thanksgiving plans this year, according to a recent poll. One in four Americans said they planned to skip Thanksgiving dinner this year to …

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