Personal Finance Daily: The Biden administration’s plan to more rigorously audit the 1% will be a lot trickier than it sounds and the IRS has a payment plan if you don’t have enough money for taxes, but there are caveats

by | Apr 17, 2023 | Stock Market

Hi, MarketWatchers. Don’t miss these top stories.Biden administration wants to more rigorously audit the 1% — but that will be a lot trickier than it sounds The IRS recently revealed its plans to use $80 billion in extra funding. Read More

Here’s one way the IRS will let you slide if you don’t file your 2022 taxes by April 18 Expecting a tax refund? Relax. If your return isn’t in for weeks, months — even years — the IRS can’t hurt you. Read MoreRising consumer prices took a massive toll on renters, analysis shows Two-thirds of renters making less than $25,000 said inflation made them “very stressed.” Read MoreWhat happens if you can’t pay your taxes? The IRS has a payment plan — but read this before you do anything. Taxpayers entered into 2.4 million installment agreements in 2022. Read MoreFor this ‘Finance Cowboy,’ fixer-uppers are the key to financial freedom This 31-year-old father of four built up a rental property portfolio worth almost $2 million in and around his South Carolina hometown Read MoreLocked in — or trapped? Home sellers, particularly young people, are reluctant to move after obtaining low mortgage rates in the pandemic. A new report from says homeowners feel stuck with low mortgage rates, which is preventing them from selling. Read MoreWhat is the Child Tax Credit for 2022 — and how much is it? The child tax credit is an important credit for families. Here’s why. Read MoreBuilder confidence rises for fourth consecutive month amid low number of resale listings Home-builder sentiment rose for the fourth month in a row in April, the National Association of Home Builders said. Read More

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