Tax preparation is one of those services where prices can vary a lot. As a general rule, the more you do, the less it will cost. The more an accountant does, the more it will cost. It’s not unreasonable for a professionally prepared tax return to cost several hundred dollars or more. How much this…
Image Source: 123rf.com After years of building your nest egg, knowing how to withdraw your savings is just as important as how you saved it. Retirement withdrawal strategies help ensure that your money lasts through your golden years while minimizing taxes and maximizing income. The right plan can prevent you from outliving your savings and…
Image Source: Pexels There are many pros and cons to early retirement, some of which are more substantial than others. If you’re considering retiring early, it’s best to weigh the pros and cons and carefully consider the quality of life you’d like to have in your golden years. Here are eight pros and cons of…
Image Source: 123rf.com Online investment platforms promise convenience, low fees, and the power to grow your money with just a few taps. But behind the sleek interfaces and aggressive marketing, many of these platforms come with hidden risks. While not all digital investment tools are scams, there are valid reasons to think twice before handing…
Image Source: 123rf.com Financial literacy is often promoted as a must-have subject in schools, right up there with math and science. But not everyone agrees that classrooms are the right place for it. While most people assume teaching money skills will lead to better financial outcomes, critics argue that the topic is more complex than…
In April 2, 2025, President Donald Trump declared “Liberation Day” and announced a comprehensive set of tariffs aimed at reshaping U.S. trade relationships and bolstering domestic industries. The new policy introduces a universal 10% tariff on all imports, with significantly higher rates for specific countries and products. China: An additional 34% tariff on imports, cumulatively…
Gold Tax in India 2025- What are the tax implications for Physical Gold, Gold ETFs, Gold Mutual Funds, and Sovereign Gold Bonds? Gold has historically been a fundamental element of investment portfolios in India, valued for both its cultural importance and its function as a safeguard against economic fluctuations. The Union Budget of 2024 has…
Image Source: Pixabay Editor’s Note: At the end of this article are actions you can take to safeguard your finances and advocate for Social Security. Since its inception 85 years ago, the Social Security Administration (SSA) has never missed a payment to beneficiaries. However, the hatchet job the Department of Government Efficiency (DOGE) has taken…
Image Source: Pexels Credit scores significantly impact financial decisions, from loans and credit cards to housing. But is this system truly fair? Does your credit score accurately reflect your creditworthiness? Maintaining a high score requires effort, yet it can be easily damaged, raising concerns about its reliability as a lending metric. While various scoring models…
Man taking money from cash machine outdoors, closeup view. Many ATMs across the country will only give out 20-dollar bills. If you’re withdrawing a large sum of money, this can be pretty inconvenient. Nothing is more frustrating than trying to shove a huge stack of small-dollar bills into your wallet or purse. Instead of settling…