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I Just Inherited A Windfall. What Are The Potential Tax Consequences?

If you received a windfall from a loved one, you may wonder whether you need to pay an inheritance tax…

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Business vs. personal checking: Unpacking the differences

Key takeaways Business checking accounts offer tools like payroll processing, merchant services, fraud prevention and multi-user access. Keeping your business…

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Profit-Sharing Plans: What Are They And How Do They Work?

A profit-sharing plan is a defined contribution retirement plan that allows an employer or company owner to share the profits…

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How To Use Your Year-End Credit Card Summary To Audit Your Finances

FreshSplash/ E+/ Getty Images Key takeaways Your year-end credit card summary has a lot of useful information about your spending…

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Best Credit Cards For Teachers

Teachers do a great deal of work outside of school to create functional, fun and fascinating classroom environments. But, along…

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W-2 Form: What It Is, When To Expect It

Depending on your tax situation, you may have several forms to keep track of come filing time. But if you’re…

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Sin Tax: What It Is, How It Works And Examples

A sin tax is levied on products or services that are considered harmful, such as tobacco, alcohol, drugs and gambling.…

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Tax Refund Schedule: How Long It Takes To Get Your Tax Refund

Nico De Pasquale Photography/Getty Images If you’re owed a refund, you’re probably eager for it to arrive. The average tax…

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Do Red Cars Really Cost More to Insure?

Photography by Getty Images; Illustration by Bankrate Whether you’re shopping for a new vehicle or discussing car insurance myths, you…

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What Is A Bank Run? Definition, Causes and Examples

Bank runs were featured prominently in the news following the high-profile failures of Silicon Valley Bank (SVB) and Signature Bank…

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