How much you should spend on a wedding gift depends on factors like your relationship with the couple and your budget. While guests spend an average of $160 on gifts for newlyweds, the appropriate amount you should spend could be higher or lower based on your personal circumstances. Whether you choose to splurge on a luxurious present or opt for a more practical gift, what’s truly valuable is the thought behind it.

While very cheap car insurance with no deposit may sound like an enticing opportunity for new drivers to save on their car insurance, it does not exist. It’s simply a common marketing tactic car insurance companies use to market monthly payment plans. Instead of requiring you to pay your annual insurance premium in full upfront, “no-deposit” car insurance allows you to spread the cost over 12 months so you only have to pay a portion of your annual premium for coverage to begin.

A mega backdoor Roth IRA strategy allows you to bypass the IRS income restrictions on Roth IRA contributions and save a significant amount of money for retirement. By converting after-tax 401(k) contributions to a Roth account, you could stash an extra $43,500 into a Roth IRA or Roth 401(k) and avoid paying income taxes on the earnings upon retirement.

The IRS typically takes around 21 days to process tax returns filed electronically. However, many factors can affect that timeframe and delay tax refunds. For example, if you filed a paper return or provided incomplete information on your tax return, then you’ll likely get your return much later. While waiting for your refund, you can use the “Where’s My Refund?” tool on the IRS website to track your refund status and stay informed about any updates.

TurboTax Live Deluxe, Full Service, Premier, and Basic are some of the tax software options TurboTax offers. All of these products have one thing in common: A tax expert will review your return line-by-line, answer any questions you have along the way, and help you get the biggest refund possible.

Buying life insurance for your parents could provide financial protection in the event of their passing and help pay for end-of-life expenses such as funeral costs. To purchase life insurance for your parents, you’ll need their consent and prove to the insurer that you’ll suffer financially if your parents pass away.

The Internal Revenue Service can send notices or letters to you for various reasons. Typically, it’s about a specific issue with your tax return. However, not all communications from the IRS are cause for concern. One example is IRS Notice 1445, which is sent out to taxpayers as part of their usual correspondence. This letter lets you know that you can request language assistance services if English is not your first language.

Although Realtors can make your life easier, you’re not required to work with one when buying a house. However, if you’d like to take on the housing market solo and eliminate the middleman, you’ll want to arm yourself with information. This includes locating properties for sale, researching the neighborhood, asking for property disclosures, hiring a real estate attorney, and learning how to negotiate prices with sellers.

Getting life insurance after marriage could protect your family financially in the event that anything happens to you or your spouse. As a married couple, you have the option to buy separate life insurance policies or a joint life insurance policy. Depending on your age, health condition, and coverage needs, one option may be more affordable than the other. Compare quotes across multiple life insurance providers to find the best life insurance for you and your other half.

Both TurboTax Premier and TurboTax Deluxe offer features to help taxpayers get their documents in order before the tax-filing deadline. While Deluxe lets you know if you’re eligible for more than 350 tax deductions, Premier adds features to help you account for investment, crypto, and rental income. As a result, Premier costs a little more. Of the two, the best one for you will depend on your tax situation and needs.