savings

How to turn stock losses into tax savings and other ways to lower your tax bill

How to turn stock losses into tax savings and other ways to lower your tax bill

Prathanchorruangsak | Istock | Getty Images Review withholding tax First, you want to examine how much money is withheld from your payroll for federal taxes. Having too little tax withheld could result in a tax bill or penalty. If too much tax is withheld, you may get a refund. You should check your source deductions …

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How to make more money with your savings now that the banks are raising interest rates

How to make more money with your savings now that the banks are raising interest rates

The Federal Reserve has raised its key rate five times this year, most recently on Wednesday, as part of its ongoing efforts to slow the pace of inflation. The idea is that since the US central bank makes it more expensive to borrow money, the demand for goods and services will fall, causing prices to …

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