5 Medicaid Look-Back Traps Families Need to Know If your family is beginning to discuss long-term care for a loved one, the phrase “Medicaid look-back 2026” needs to be at the top of... Saving Advice · Jan 9
10 Tax Mistakes Solo Entrepreneurs Make Before Their First Big Paycheck So, you’re finally doing it. You’ve got the LLC papers, the shiny new logo, and you’re grinding toward that first massive client check. It feels amazing, right? But here’s the cold reality: the IRS is already your silent business partner, and they have very specific expectations for how you handle… Thousandaire · Jan 9
How To Handle the New 401(k) Rule That Goes Into Effect in 2026 High earners don't need to overhaul their investment strategy, but should revisit their retirement plan to understand how this rule might reshape their taxes. GOBankingRates · Jan 9
Are These 8 “Easy Money” Scams Quietly Targeting Self-Employed Americans? The dream of being your own boss has never been more popular, but sometimes that independence comes with a target on your back. As more individuals become self-employed, scammers are refining their tactics. Today, they are exploiting the specific vulnerabilities of freelancers, consultants, and gig workers. From high-tech “phantom” invoices… Thousandaire · Jan 9
The Dirty Dozen Effect: 9 Tax-Season Scams That Target People Who “Do Everything Right” There is a specific kind of anxiety that comes with tax season. You gather your receipts, you double-check your W-2s, and you pray you didn’t miss a checkbox that will trigger an audit. Scammers know this. In fact, they rely on it. While we often think of fraud victims as… Budget and the Bees · Jan 9
Ask the Editor, January 9: How to Get Ready for Tax Filing Season In this week's Ask the Editor Q&A, Joy Taylor answers questions on the IRS tax filing season and your 2025 tax return Kiplinger · Jan 9
Tax Preparers Warn: This Side Income Mistake Triggers Extra Scrutiny Like most people these days, I have a side gig. The so-called gig economy is booming, from weekend Instacart runs to late-night Etsy sales. However, tax preparers are warning that there are some mistakes that may trigger an audit from the IRS. If you’re like my wife, being audited is… Clever Dude · Jan 8
Tax filing season begins Jan 26 and you might want the head start due to changes this year Several provisions in the law retroactively affect the 2025 tax year The Independent UK · Jan 8
IRS Tax Deadline Looms: 'You Could Owe Thousands If You Miss January 15,' Experts Warn The IRS deadline is 15 January. Missed payments can lead to penalties and interest—stay on top of your 2025 estimated taxes to avoid extra costs. International Business Times UK · Jan 8
5 Best Money Habits for Boomers To Carry Into 2026 Several experts share some top financial habits baby boomers should maintain in 2026 to protect their retirement savings and boost financial security. GOBankingRates · Jan 7
Are You Missing Out on New Deductions That Could Lower Your Retirement Taxes? A lot of people enter retirement thinking their taxes will automatically drop, then get surprised by how quickly income streams stack up. Pensions, Social Security,... Saving Advice · Jan 7
Are You Afraid of an IRS Audit? 8 Ways to Beat Tax Audit Anxiety Tax audit anxiety is like a wild beast. Here’s how you can help tame it. Kiplinger · Jan 7
Gold IRAs Explained: The Safe Retirement Strategy Wall Street Doesn’t Want You to Know Retirement used to mean stability, but today’s markets tell a different story. Inflation, rising interest rates, and unpredictable stock swings have left many retirees feeling... Saving Advice · Jan 6
IRS Officials Say This “Normal” Deduction Raises Audit Risk in 2026 The home office deduction has long been a favorite among freelancers, remote workers, and small business owners. Hey, I’ve been able to claim a home office deduction for several years now after turning to remote work in 2020. But in 2026, IRS officials are doubling down on enforcement, citing widespread… Clever Dude · Jan 5
International Business Times UK · Jan 5 Retirees Lose Up to $1.7B Annually to IRS Penalties for Making This Year-End Mistake Retirees face IRS penalties of up to 25% if they fail to take required minimum distributions from pretax investment accounts at age 73.
Saving Advice · Jan 4 9 Tax Rules Seniors Should Check Before Filing in April Filing taxes can feel simple until one retirement form, one distribution, or one benefit statement changes the whole return. The good news is most “surprise”...
The Guardian - US · Jan 4 The government probably took too much of your paycheck this year – here’s how to get it back Trump’s tax bill carved out several areas for tipped workers and older adults, among others, to lower their tax bills
Kiplinger · Jan 4 7 Tax Blunders to Avoid in Your First Year of Retirement, From a Seasoned Financial Planner A business-as-usual approach to taxes in the first year of retirement can lead to silly trip-ups that erode your nest egg. Here are seven common goofs to avoid.
Saving Advice · Jan 3 6 Preventive Services Now Counted Toward Deductibles The phrase “preventive care is free” has been a cornerstone of American healthcare for over a decade, but the 2026 financial reset is adding some...
GOBankingRates · Jan 2 Here’s What the Standard Deduction on Your Taxes Will Be in 2026 Here's what you can deduct if you aren't itemizing, along with tax brackets, senior deductions including the phaseout ramp, and what you can reasonably expect.
Clever Dude · Jan 2 7 Tax Deductions That Could Trigger an IRS Audit Nobody wants to hear from the IRS after filing their taxes, especially if it’s about an audit. Seriously, it is a fear many American adults share. While audits are rare (less than 1% of individual returns are flagged), certain deductions can draw unwanted attention. These aren’t necessarily “bad” deductions, but…
Saving Advice · Jan 2 12 Little-Known Tax Breaks for Middle-Income Families in 2026 The 2026 tax season is officially the first full year under the One Big Beautiful Bill (OBBB) Act, a sweeping piece of legislation that has...
Budget and the Bees · Jan 2 Bank Tellers Warn: 5 Reasons We Are Flagging Your Cash Withdrawals in 2026 In 2026, using cash feels almost rebellious. With digital wallets, biometrics, and instant transfers dominating the economy, walking into a branch to withdraw a stack of physical currency is becoming a rare event. Because of this shift, financial institutions are on high alert. Tellers are no longer just customer service…
International Business Times UK · Jan 2 The $10K US Car Tax Hack You Don't Want to Miss The IRS has released official guidance on how Americans can deduct up to $10,000 in car loan interest annually through 2028. Here's what qualifies.
The Free Financial Advisor · Jan 1 Asset Underused: 4 Plays Advisors Say Most Investors Overlook Investing isn’t just about buying the latest hot stock or following every headline that flashes across your phone. The smartest investors often win not by chasing the obvious, but by exploiting the hidden opportunities that most people ignore. While many focus on the loud, flashy moves, there’s a quiet arsenal…