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How to Use IRS Form 843: Refund Claims and Tax Abatements

Dealing with IRS penalties and incorrect tax assessments can be frustrating. This is especially true when you believe the charges are unfair or that they resulted from circumstances beyond your control. In these scenarios, Form 843 is the IRS mechanism…

Successor Beneficiary of Inherited IRA: Rules, Options and Tax

A successor beneficiary is someone who inherits an individual retirement account (IRA) from a prior beneficiary rather than directly from the original owner. That second-generation inheritance can affect distribution deadlines, annual required minimum distributions (RMDs) and tax-planning considerations. Because of…

Sprouts Farmers Market Set to Open 24 New Stores. See Where

Sprouts Farmers Market continues to grow, and a new store could soon be opening near you. The Arizona-based grocery chain opened its first location in Chandler, Arizona, in 2002 and currently operates more than 480 stores across 25 states, according…

Capital Gains on Primary Residence: Rules and Examples

Selling your home is one of the biggest financial transactions you’ll ever make. While many homeowners worry about a large tax bill, the reality is that rules like the Internal Revenue Code Section 121 can allow you to keep much,…

Life Lessons From Big Tech Workers Who Got Laid Off

What happens after you lose a six-figure job at one of the world’s biggest tech companies? Four former employees of Google, Meta, Microsoft, and Intel discuss the shock they felt when they were laid off, the difficult search for a…

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Which Is Better for Your Home?

Vinyl and laminate are both manufactured types of flooring that are budget-friendly alternatives to more traditional hardwood flooring. Vinyl is generally considered a higher-end option that has greater durability and…