Red Flags for Tax Auditors
No one wants to see an Internal Revenue Service (IRS) auditor show up at their door. The IRS can’t audit every American’s tax return, so it relies on guidelines to select the ones most deserving of its attention.
Here are six flags that may make your tax return prime for an IRS audit.¹
The […]
How Do Income Taxes Work?
Taxpayers and businesses spend an estimated 7.9 billion hours a year complying with tax-filing requirements, which is worth $413 billion in economic value just to comply with tax regulations.1
As complex as the details of taxes can be, the income tax process is fairly straightforward. However, the majority of Americans would rather not spend time […]
9 Facts About Social Security
Social Security has been a fact of retirement life ever since it was established in 1935. We all think we know how it works, but how much do you really know? Here are nine things that might surprise you.
- The Social Security trust fund is huge. It was $2.8 trillion at the end […]
Stay on Track: Key Financial Dates to Remember This Year
Managing your finances effectively requires awareness of important dates throughout the year. This comprehensive financial calendar highlights crucial deadlines and events in 2025 to help you plan ahead and stay organized.
- Write down the major financial events you anticipate in the […]
When to File a Home Insurance Claim
Insurance is meant to protect you against financial loss. But is it really meant to protect you from any and all financial loss? When it comes to filing a loss claim on your home insurance, there may be times when not filing may be the wisest course of action.¹
According to one study, […]
