Personal Finance

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How To Get A Mortgage

Key takeaways To prepare for getting a mortgage, figure out what you can realistically afford,…

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2025 Corporate Tax Rates and Brackets By State

Corporate income taxes vary widely across the U.S. Some states impose flat rates, while others…

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Is It Illegal To Use A Business Credit Card For Personal Expenses?

Key takeaways Using a business credit card for personal purchases isn’t technically illegal, but could…

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Nonrefundable Tax Credit: Definition, Types, Examples

A nonrefundable tax credit can lower what you owe to the IRS, sometimes substantially but…

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What Is An Outstanding Balance On A Credit Card?

Key takeaways Your current balance (or outstanding balance) and statement balance are two entirely different…

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What Is Earned Income? Examples and How to Calculate

When it comes to taxes and financial planning, you need to know the IRS has…

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Stock Market vs. Bond Market: Which One Is Larger?

Stocks tend to dominate financial headlines due to their volatility and potential for rapid gains…

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What Is A Social Security Cost Of Living Adjustment (COLA)?

The Good Brigade/Getty Images Key takeaways A cost-of-living adjustment (COLA) is an annual increase in…

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Refundable Tax Credit: Explanation, Eligibility, Benefits

Tax credits reduce the amount you owe to the IRS, but not all tax credits…

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Bonds vs. Stocks in a 401(k): Which Should You Invest In?

Bonds and stocks each offer benefits, but they come with different levels of risk and…

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