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401(k) Contribution Limits: 2022 and 2023

The IRS sets 401(k) contribution limits each year. The 2023 401(k) contribution limit is $22,500, or $30,000 if you're 50 or older. ....

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Here's What Happens When You Don't File Taxes

Curious as to what happens when you don't file a tax return? We'll run through the possible consequences of not filing taxes. ....

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What Is an IRS 1099 Tax Form?

A form 1099 is a tax documents you can use to report various types of income to the IRS and help determine your tax liability. ....

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Excise Tax: What It Is, How It Works, Examples

Excise taxes offset fees associated with certain goods, services, or activities. In retirement, some actions result in taxes, cutting into your savings. ....

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How and When to Amend Your IRS Tax Return

If you made an error on your tax return, you may need to file an amended return with the IRS. Here's how to do it. ....

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