Sunday, September 8, 2024

Michelle Singletary

Advice | 5 myths about Social Security as the program faces a funding crisis

Social Security is a critical program for millions of Americans, yet there is so much that people don’t...

Advice | IRS Commissioner Werfel talks about Direct File, audits and IRS budget

I sense a collective sigh of relief this tax season.After the chaos of recent years at the IRS,...

Advice | A ghostbuster, toys, and other weird tax deductions people try to claim

With the April 15 tax deadline closing in, let’s discuss deductions.I’ve attended my fair share of multilevel marketing...

Advice | Tax time is prime time for scammers and scheming tax preparers

Do you know who loves tax season?This is prime time for con artists and shady tax preparers. They...

Advice | Nobel laureate Daniel Kahneman taught us that money isn’t always about math

My grandmother, Big Mama, was masterful at making financial decisions. She didn’t let emotion dictate her behavior.I once...

Advice | Whether it’s Mama’s money, Powerball or Mega Millions, here’s how to manage a windfall

This column was first published July 29, 2022, and has been updated.What would you do if you had...
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Advice | How to take the home office deduction without triggering an audit

We are less than a month away from the April 15 tax deadline.As of March 8, the IRS...

Advice | More car owners are underwater on loans due to lower trade-in values

It took nearly three years to find the car I wanted to replace my 2006 van.I finally found...

Advice | Friends don’t charge friends for dinner parties

This column originally ran Nov. 18, 2022, and has been updated.The subject line on the email simply said,...

Tax chat: How do I know if my spouse and I should file joint returns?

The tax filing deadline is April 15. Michelle Singletary and and a Betterment tax expert answered your questions...

Why you shouldn’t get too excited about that tax refund

For many, this is the most wonderful time of the year — tax refund season.As of Feb. 23,...

Advice | More workers entered 401(k) millionaires club as stock market surged

A surge in the stock market has thrust more retirement investors into the millionaires club.Data released Tuesday by...