And other tax questions from Vox readers, answered. On the Money is a monthly advice column. If you want advice on spending, saving, or investing — or any of the complicated emotions that may come up as you prepare to make big financial decisions — you can submit your question on this form. This …
A guide to tax season
Including when to do them yourself, when to seek out help, and strategies for keeping track of it all. Caitlynn Eldridge, an Omaha-based certified public accountant with 14 years of experience including two years at Deloitte Tax Services, has done a lot of tax prep. She’s also worked with many …
Blame the Space Race (kind of). It’s a common refrain: School is full of useless (if interesting!) lessons, but we learn next to nothing about how to manage our finances. It’s true that many Americans lack basic financial knowledge, which is a contributing factor to the money challenges — high levels …
And how does it even work? There’s no denying that Americans rely heavily on Social Security benefits. Estimates from the Social Security Administration found that 97 percent of adults over the age of 60 are either collecting or will start collecting Social Security. As of February 2023, about one …
How the very rich lose money, overvalue art, buy very expensive life insurance, and somehow profit. Do you want to pay less taxes? Great. Step one, be a rich person. Then, buy a yacht. Or a sports team. Give a lot to charity. Lose some money in the stock market. Above all, make sure most of your …
Should you hire someone to help? What’s your filing status? And more questions on US taxes, answered. It’s that time of year again. The ads for free tax filing software are popping up left and right, which means the deadline to file your taxes is around the corner. Maybe you got your first job last …
Some inspiration for tax refund season. The concept of a tax refund is sort of a silly one, a reminder of the fact that despite some 250-ish years of existence, the US has yet to institute a system in which each citizen knows exactly how much money they owe the government. Every spring, Americans …