Alternative minimum tax 2022-2023: What it is and who has to pay
The AMT has its own set of tax rates and requires a separate calculation.
You can 'make your money work for you' by being intentional with your money habits and strategic with your money placement.
— Tori Rubloff
Tori Rubloff is an editor at Bankrate, where she manages staff writers, copy edits feature articles, drives content strategy and oversees production of data-driven, timely content that empowers readers to make informed decisions about their finances. She is passionate about creating purposeful content that educates readers on navigating significant life milestones, which has led her to specialize in content centered on personal finance, higher education and professional development.
Previously, she has worked as a data storyteller and content manager for various publications and clients including ZDNet, The Motley Fool, FinanceBuzz and Acceptance Insurance. Her work has been cited by media including CNBC, CNN, Bloomberg, CBS News, NBC News, Forbes, Rolling Stone, The Washington Post, MarketWatch and Business Insider.
Outside of work, Tori enjoys bullet journaling, exploring Washington D.C.’s restaurant scene, cooking elaborate dinners and meditating daily.
Tori has found that staying consistently organized with her finances has long-term pay-offs. Her favorite tool is Notion — a free app where you can build customizable, visual dashboards that track your finances and hold you accountable to your goals. The sky is the limit with what you can do: You can set up a monthly budget, set yearly and monthly spending/saving goals, save helpful financial advice and so much more.
You can 'make your money work for you' by being intentional with your money habits and strategic with your money placement.
— Tori Rubloff
The AMT has its own set of tax rates and requires a separate calculation.
Despite the strong job market, most Americans are worried about having enough savings to weather unemployment.
The average tax return for the 2020 tax year was $2,827, a 13.24 percent increase from the previous year.
Wedding expenses see inflation, too. This is how much more people are paying.
Women feel less prepared than men to weather a recession. The reasons are complicated.
Taxpayers with dependents can still take advantage of the child tax credit this year.
Regardless of what may cause a person to miss the tax-filing deadline, there are potential consequences.
Typically, taxpayers have two options: Take the itemized deductions or take the standard deduction.