It’s not too early to start thinking about your 2022 income-tax return, if you can bear the thought.
Personal Finance
What is the Child Tax Credit?
The child tax credit is a per-child tax credit against your personal income tax liability. The child tax credit is $2,000 per child.
10 Tips to Make 2023 Your Best and Boldest Year Yet
Want to be bolder in 2023? Start by clarifying your purpose. Before you take any action, spend some time reflecting on your values and what is most important to you. Visualize where you want to be in 12 months and the kind of life you want to live. Once these goals are clearer, work to create an action plan and write it down.
The Joys and Financial Challenges of Parenthood
Parenthood can be both wonderfully rewarding and frighteningly challenging. Children give gifts only a parent can understand—from sticky-finger hugs to heartfelt pleas to tag along on Saturday morning errands. You raise them with a clear goal that you secretly dread will actually take place—that someday they will be grown, independent, and ready to move out on their own, and your work will be over.
Should I save for college in my name or my child’s name?
There are three potential drawbacks to saving in your child’s name: the kiddie tax, federal financial aid rules, and control issues.
10 Years and Counting: Points to Consider as You Approach Retirement
If you’re a decade or so away from retirement, you’ve probably spent at least some time thinking about this major life change.
Ten Trends to Watch in the Coming Year
In the coming months the world will have to grapple with unpredictability around the conflict’s impact on geopolitics and security; the struggle to control inflation; chaos in energy markets; and China’s uncertain post-pandemic path.
As You Identify Resolutions For 2023, Here’s How To Navigate Change
One of my most self-aware friends said of a habit he’d like to change recently: “First, I have to get sick of myself; then I have to get sick of getting sick of myself; then I have to complain about it for a while; then I’ll actually change.”
How to Actually Come Back from the Holidays Feeling Refreshed
We are told the winter holidays are supposed to be a magical time of deep connection with loved ones, good meals, warm fires and gift-giving. And yet, for many of us, the winter holidays don’t live up to our expectations, because we don’t know how to strike the right balance between rest and productivity.
Get Big Tax Breaks for 2022 by Acting Now
It’s time to make year-end tax moves. With inflation way up and markets way down for 2022, there’s plenty to track.