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News
Why $35,000 Is the Magic Number for 529 Plans (And More Could Cost You) - AOL
2+ day, 8+ hour ago (606+ words) The hosts of the How to Money podcast, on Friday Flight episode #1131, drew a line most parents funding a 529 have never thought about. "If you have $35,000 in there, great. If you are looking at investing and socking away even more…...
How to get real estate tax relief for damaged property after weekend storm - AOL
3+ day, 23+ hour ago (167+ words) Real estate tax relief is available for Summit County residents whose property suffered damage in the recent storm this past weekend. Property owners can fill out an Application for Valuation Deduction for Destroyed or Damaged Property (Form DTE 26) on the…...
7 Smart Moves To Make When Your Child's 529 Account Hits $20K - AOL
4+ day, 13+ hour ago (736+ words) Your child's 529 account has crossed $20,000, which may feel significant enough to pause. But is this the moment to relax, reallocate or rethink your whole strategy? Financial experts say the answer is more nuanced than you might expect. Here are seven…...
Opinion - A taxing approach to high energy costs will backfire - AOL
2+ week, 1+ day ago (354+ words) People are frustrated with soaring energy prices, and Congress has taken notice. Sadly, the response so far has been to recycle old policy ideas that seek to punish producers, hoping they will spur energy bills to take a turn for…...
How are Americans spending their tax refunds this year? - AOL
2+ week, 2+ day ago (746+ words) On average, Americans are receiving larger tax refunds this year. So, how will they spend them? The Treasury Department said in a release on Tax Day that as of April 14, the average tax refund this filing season was more than…...
America at 250: How Taxes Have Evolved Since the Revolution - AOL
2+ week, 5+ day ago (795+ words) Think tax season is bad now? At one point, America's top income tax rate hit 94%. Before that, there was no permanent federal income tax at all. Over the past 250 years, the government has repeatedly changed how it taxes income in…...
Mobile Home Owners in Larimer County Are Getting Delinquent Tax Notices - AOL
2+ week, 5+ day ago (402+ words) Manufactured and mobile home owners in Larimer County, Colorado, are being told to check their mail after delinquent property tax statements went out this month. The Larimer County Treasurer's Office announced that delinquent property tax statements for manufactured and mobile…...
Poll: Taxes, economy top voter concerns - AOL
4+ week, 3+ hour ago (331+ words) (The Center Square) – Voters say taxes and economic concerns top the list of issues facing Illinois. The Illinois Policy Institute’s newest Lincoln Poll found that more than half of Illinois voters selected high taxes as a top one-or-two issue facing…...
More grandparents are using 529 plans to help grandkids pay for college — and one FAFSA rule change made the strategy even more attractive - AOL
4+ week, 11+ hour ago (892+ words) College costs keep climbing, financial aid rules have changed and grandparents are stepping up to help. According to a recent report by Kiplinger, a growing number of families are turning to 529 college savings plans to build education funds for future…...
The ‘GENIUS Loophole’: How To Use the New Crypto Law To Pay Zero Capital Gains - AOL
4+ mon, 3+ week ago (476+ words) If you've been scrolling through FinTwit or your favorite investing subreddit lately, you've probably seen headlines screaming about a "GENIUS loophole" that lets crypto investors pay zero capital gains. This sounds like a no-brainer, right? GOBankingRates spoke to finance experts…...