The Motley Fool

FEBRUARY 3, 2024

The precise amount would depend on the buyer's down payment, how much they pay for homeowners insurance, and the rate of property tax they're responsible for. In short, an escrow account holds the money that will be used to pay property taxes and homeowners insurance. However, we'll base all calculations in this article on a 6.25% APR.

Taxes 246

Taxes Accounting Debt Funds 246

The Motley Fool

OCTOBER 16, 2023

This means I filed Articles of Incorporation with my state as well as some forms with the IRS to specify that I wanted to operate my company as a specific kind of corporation called an S-corp. Image source: Getty Images Many years ago, I incorporated my small business. Here's what you need to know.

Legal 246

Legal Taxes Liabilities Shareholders 246

The Motley Fool

DECEMBER 25, 2023

Image source: Getty Images If you itemize deductions on your tax return, you can claim a deduction for any charitable giving you've done throughout the year. Tax deductions The obvious reason to donate your car is to get a tax deduction. This doesn't just include money -- if you donate property, you can take a deduction as well.

Taxes 246

Taxes Consultants Consulting Accounting 246

The Motley Fool

MAY 8, 2024

It lets you get an Employer ID Number (tax identification number, like a Social Security number for your business). And it can help you save time (and money) at tax season, by making it easier to track your business expenses. LLCs and other business entities are formed at the state level.

Legal 130

Legal Banks Taxes Professional Services 130

The Motley Fool

JULY 22, 2023

The amount of time doing mundane tasks unrelated to my actual job When I started my freelance writing business, I expected I would get to spend my days writing interesting articles about the subjects I am passionate about. In fact, here are three big things I didn't realize I'd be taking on before I became an entrepreneur.

Taxes 238

Taxes Accounting Companies Returns 238

The Motley Fool

NOVEMBER 1, 2023

Meanwhile, others are considering an EV purchase thanks to expanded and updated tax credits. According to a recent article in The New York Times , in most cases, EVs contribute far less carbon emissions than gas-powered vehicles do. But it depends on where you live and what vehicle you have.

Taxes 130

Taxes Liabilities Financing Finance 130

The Motley Fool

JANUARY 28, 2024

Just 31% of us have a savings account paying more than 4% APY, according to research from The Ascent about savings. Specifically, a high-yield savings account can help you grow your money, thanks to a higher federal funds rate. Alert: highest cash back card we’ve seen now has 0% intro APR for 15 months. Learn more here.

Taxes 147

Taxes Debt Financing Finance 147

The Motley Fool

MARCH 23, 2024

A 2024 Empower article reported that Americans in their 60s have a median 401(k) balance of $209,382 and an average balance of $555,621. Contribute to an IRA, too Just like 401(k) plans, IRAs allow you to save for retirement while saving on taxes. Image source: The Motley Fool/Upsplash At age 60, you're not too far from retirement.

Accounting 237

Accounting Taxes Investing 237

The Motley Fool

AUGUST 6, 2023

More: Check out our picks for the best mortgage lenders A recent article in the Harvard Law & Policy Review suggests that short-term rentals have a negative impact on the availability of affordable housing in two ways. Image source: Getty Images Real estate investment is one of the most profitable ways of investing money in today's world.

Legal 246

Legal Investing Taxes Liabilities 246

The Motley Fool

JANUARY 1, 2024

Because of recent federal tax credits that pay up to $7,500 toward the purchase of a new electric vehicle, many people might be shopping for EVs in 2024. And research from The Ascent found that Americans' average annual spending on gasoline is about $2,148. But not everyone is ready to buy an EV.

Taxes 130

Taxes Banks Financing Finance 130

The Motley Fool

MAY 20, 2024

If you don't collect sales tax, it's not super complicated. Image source: Getty Images Owning a small business can be really challenging -- especially if you're still in the "wearing a lot of hats" phase, which some businesses never leave. I understand; as a freelance writer, I'm in the same boat.

Accounting 130

Accounting Banks Financial Services Business Services 130

The Motley Fool

MAY 28, 2024

Being overly optimistic may land you in high-interest debt According to an article in Psychology Today , entrepreneurs like gig workers are more optimistic than those with traditional jobs. Image source: The Motley Fool/Getty Images Nationally, credit card balances have hit more than $1.1 That means you're not earning money during that time.

Debt 130

Debt Taxes Accounting Funds 130

The Motley Fool

OCTOBER 6, 2023

Image source: Getty Images If you're someone who hides from their bank statement each month, you've taken a big step just by opening this article. I probably paid over $100 in overdraft fees when I was in my 20s -- and more in credit card interest and a fine for paying my taxes late. An even bigger driver? I changed the narrative.

Banks 246

Banks Accounting Taxes Debt 246

The Motley Fool

MAY 9, 2024

The potential for fees: If you're using airline miles to book a flight, be prepared to pay at least a small amount in cash to cover applicable taxes and fees. The potential for fees: If you're using airline miles to book a flight, be prepared to pay at least a small amount in cash to cover applicable taxes and fees.

Banks 130

Banks Taxes Debt Capital 130

The Motley Fool

JULY 14, 2023

In this article, I'll share some things you can do with your money before 2024. If you have a retirement account that can be used to reduce your taxable income, like a traditional IRA account , boosting your contributions can help you save on your yearly tax bill, too. There are many months left to improve your finances.

Debt 242

Debt Financing Finance Accounting 242

The Motley Fool

APRIL 11, 2024

Image source: Upsplash/The Motley Fool Every once in a while, I see an article about how people find all kinds of unclaimed money. Tax credits and/or government programs There are a surprising number of ways you can get free money from the government, be it the federal folks or your local municipalities. And it got me thinking.

Banks 130

Banks Conglomerates Accounting Taxes 130

The Motley Fool

JULY 30, 2023

This article will take you through everything you need to know about getting a personal loan without a job. Be prepared to explain your alternative sources of income or assets and provide documentation such as tax returns, bank statements, and invoices. Contrary to popular belief, the answer is "yes!"

Collateral 239

Collateral Assets Banks Taxes 239

The Motley Fool

JUNE 20, 2023

None of the calculations include the cost of childcare or taxes. An article from The New York Times reveals the U.S. It may be cold comfort, but a joint study by PYMNTS and Lending Club found that 51% of people earning $100,000 or more report living paycheck to paycheck. And yet, the average annual median in the U.S. is $56,940.

Taxes 130

Taxes Banks Accounting Financing 130

The Motley Fool

APRIL 28, 2024

If you're pondering the same question, this article's for you. Image source: Getty Images I've spent the last two years paying off debt and putting money aside to finally become a homeowner again. I have had many moments of wondering, "Am I truly ready?" Here are five ways to know if becoming a homeowner is desirable and doable for you.

Debt 130

Debt Education Prospects Taxes 130

The Motley Fool

JULY 14, 2023

times earnings before interest, taxes, depreciation, and amortization ( EBITDA ), which sounds attractive. ET Friday morning. You can blame J.P. Morgan for that. This morning, investment bank J.P. Morgan downgraded AT&T stock from overweight (i.e., buy) to neutral, and slashed the telco's target price by $5, to just $17 a share.

Enterprise Values 190

Enterprise Values Earnings Before Interest Amortization Depreciation 190

The Motley Fool

AUGUST 28, 2023

One clarification: This article focuses on whether it's worth it to become a full-service shopper, an independent contractor role that includes receiving a 1099. You also won't have payroll taxes automatically deducted for your earnings, so you'll need to set aside money and file quarterly estimated taxes.

Taxes 130

Taxes Accounting Financing Finance 130

The Motley Fool

SEPTEMBER 11, 2023

In this article, we'll explain how to locate your lost 401(k) money. Unfortunately, if your plan makes a distribution and you're younger than 59 ½, you could owe taxes and a 10% early withdrawal penalty. One thing that often gets forgotten: figuring out what to do with the money in your former employer's 401(k). trillion in assets.

Accounting 130

Accounting Taxes Assets Banks 130

The Motley Fool

JANUARY 30, 2024

The Magnificent Seven stocks have gotten a lot of buzz as of late. And for good reason. But 2023 changed just how important this group is. Last year, the Magnificent Seven gained between 48.2% on the low end (Apple) and a blistering 238.9% on the high end (Nvidia). Even more astonishing is the sheer value creation. wait for it. of the S&P 500.

Investing 130

Investing Exchange-Traded Funds Banks Taxes 130

The Motley Fool

JULY 5, 2023

That total includes estimated property taxes and home insurance expenses. Image source: Getty Images If you were a child or teen during the '90s, you likely have at least a few Home Alone movie moments memorized by heart, like Catherine O'Hara's "Kevin!!" Located in the suburbs of Chicago, the famous home last sold in 2012 for $1.585 million.

Accounting 147

Accounting Taxes Debt Banks 147

The Motley Fool

FEBRUARY 2, 2024

So for the purpose of this article, let's assume that you put $10,000 into the best certificate of deposit in 2003, and you kept reinvesting your money into the highest-yielding CD you could find, over and over again. After 20 years, you would have a profit of $2,935 -- before inflation and taxes. No one likes to lose money.

Investing 130

Investing Banks Accounting Taxes 130

The Motley Fool

JUNE 15, 2023

We don't have room to feature all 800 companies in this article, but here are seven randomly chosen from the list. Recent jobs postings have included: Payroll and Time Analyst Master Data Analyst Tax Analyst 2. In its work with thousands of companies, FlexJobs has identified 800 that truly support LGBTQ+ workers.

Companies 130

Companies Consultants Consulting Financing 130

The Motley Fool

JANUARY 12, 2024

For example, the new billable hours metric is replacing a more basic article-by-project count. For example, you might be running a small service-oriented business that doesn't collect sales tax. Image source: Getty Images Well, friends, it's January yet again (I know, right?) and it's quiet here in the Exciting World of Journalism.

Accounting 130

Accounting Taxes Funds Companies 130

The Motley Fool

MAY 28, 2024

They also talk about the shift toward fast-casual dining and Red Lobster's bankruptcy filing. Motley Fool host Alison Southwick and personal finance expert Robert Brokamp answer listener questions about 403(b) accounts and saving for college. Got a question for the show? A full transcript follows the video. You're listening to Motley Fool Money.

Taxes 130

Taxes Accounting Education Shareholders 130

The Motley Fool

AUGUST 7, 2023

Fear not, dear reader, as this article will dive into whether or not the stock is still worth buying. Additionally, the company recorded an adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) margin of 16% in Q2 compared to 5.7% As of July 31, 2023, the stock was up a whopping 148% for the year.

Financial Institutions 130

Financial Institutions Investing Banks Financial Services 130

The Motley Fool

JULY 1, 2023

In this podcast, Motley Fool senior analyst Jim Gillies and host Ricky Mulvey discuss: Walgreens Boots Alliance 's disappointing third quarter. The pharmacy chain's turnaround story. What to look for in investor presentations. Why investors are cheering Brookfield 's $4.3 billion bid for life insurance company American Equity.

Mergers and Acquisitions 245

Mergers and Acquisitions Asset Management Taxes Bidding 245

The Motley Fool

APRIL 16, 2024

Image source: The Motley Fool. Bank of America (NYSE: BAC) Q1 2024 Earnings Call Apr 16, 2024 , 8:30 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, everyone, and welcome to the Bank of America earnings announcement. Operator instructions] Please note, this call may be recorded.

Banks 246

Banks Taxes Investment Banking Investment Banks 246

The Motley Fool

SEPTEMBER 13, 2023

In this podcast, Motley Fool host Ricky Mulvey and analyst Jim Gillies discuss: Charter Communications ' problem with the streaming economy. DoorDash 's battle with restaurants overpricing. Why investors may want to look at Canadian banks. Editor's note: This podcast was recorded before Charter and Disney reached an agreement. That means ESPN.

Taxes 130

Taxes Banks Funds New York Stock Exchange 130

The Motley Fool

APRIL 18, 2024

Image source: The Motley Fool. Ally Financial (NYSE: ALLY) Q1 2024 Earnings Call Apr 18, 2024 , 9:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, and thank you for standing by. Welcome to the Ally Financial first quarter 2024 earnings conference call. Please go ahead.

Taxes 130

Taxes Banks Assets Buyout 130

The Motley Fool

MAY 1, 2024

A long comeback for wealth management at Merrill Lynch. Imax 's cash flow story and the future of movie theaters. Plus, Motley Fool host Alison Southwick and personal finance expert Robert Brokamp answer listener questions about tracking investments, leveraged shares, and life insurance. A full transcript follows the video. Ricky Mulvey: What up?

Banks 130

Banks Leveraging Debt Assets 130

The Motley Fool

MARCH 9, 2024

In this podcast, Motley Fool host Ricky Mulvey and analyst Bill Barker discuss: Zoom 's quarter, and if the company has a moat. AutoZone 's international growth. Wendy's plan to test surge pricing. If cereal is a part of a complete and nutritious dinner. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.

Investors 130

Investors Mutual Funds Accounting Taxes 130

The Motley Fool

APRIL 6, 2024

In this podcast, Motley Fool analyst Nick Sciple and host Ricky Mulvey discuss: How the National Association of Realtors settlement could impact realtors and traditional brokerages. The potential effect on Redfin 's growth story. Why CoStar may be a winner in the shake-up. A full transcript follows the video. You're listening to Motley Fool Money.

Accounting 130

Accounting Liabilities Financing Finance 130

The Motley Fool

JANUARY 12, 2024

Image source: The Motley Fool. Bank of America (NYSE: BAC) Q4 2023 Earnings Call Jan 12, 2024 , 11:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, everyone, and welcome to Bank of America's earnings announcement. At this time, all participants are on a listen-only mode.

Banks 130

Banks Taxes Accounting Assets 130