Category: General

How long can you own a bond?

Savings bonds can be redeemed for their current value after 12 months, but bonds redeemed during the first five years are subject to a penalty of three mo...

Is a w4 the same as a 1099?

A W-4 tax form is an IRS form that you use to indicate how much an employer should withhold. At the end of the year, employees receive a W-2 tax form reco...

Why is my bonus taxed at 40%?

It comes down to what’s called “supplemental income.” Although all of your earned dollars are equal at tax time, when bonuses are issued, they’re consider...