Personal Finance

“If you have the housing, you’re taking advantage of assets you already have to get into a business,” said Mark Luscombe, principal federal tax analyst at Wolters Kluwer Tax & Accounting. Pass-through entities are businesses that don’t pay the corporate income tax. Instead, the profits are passed through to the business owner, who reports that
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You’ve heard about writing your own obituary, but what about planning your own funeral? Because of limited price transparency in the funeral industry, that may be the best way to save money, according to experts. A lack of clarity in prices on funeral homes’ websites has long been criticized by consumer groups, yet the practice
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“Those same savings accounts are not covering the full cost of college for most students and their families,” said Robert Franek, The Princeton Review’s editor-in-chief. Families with students in four-year private colleges spent almost $47,000 in 2017-18, up 3.5 percent from the year earlier. At in-state, four-year public colleges, it was more than $20,000, according
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Flippov, the private investigator who specializes in cryptocurrencies, said many people say they’ve sent their cryptocurrencies to the wrong address. What really happened is probably more sinister. “The possibility of actually sending the coin to the wrong address is infinitesimal,” she said. “It’s as unlikely to be struck by lightening while being bitten by a
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That’s because the taxman gets a piece before it even reaches you. And due to the way bonuses are initially taxed, you might see a higher-than-normal withholding when you receive that extra pay. In general, the federal supplemental tax rate of 22 percent applies, plus Social Security, Medicare, unemployment and your applicable state and local
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