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This week’s money news

April 10, 2023 By Liz Weston

This week’s top story: Smart Money podcast on recession anxiety, and retirement savings vs. mortgage payoff. In other news:  5 tax tips for older adults, paying taxes for a bank bonus or interest, and how a tax extension can delay your business loan application.

Smart Money Podcast: Recession Anxiety, and Retirement Savings vs. Mortgage Payoff
This week’s episode starts with a discussion about recession-proofing your finances.

5 Tax Tips for Older Adults
From Medicare premiums to state tax breaks, here are some items to keep in mind during tax season.

Earned a Bank Bonus or Interest? Don’t Forget to Pay Taxes
If you’ve received an account bonus or you’ve earned interest on a bank account, Uncle Sam would like his cut.

How a Tax Extension Can Delay Your Business Loan Application
A tax extension can delay or disqualify your business loan application because lenders need your most recent business and personal financial information when underwriting a loan.

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Filed Under: Liz's Blog Tagged With: business loan application, recession anxiety, retirement savings vs mortgage payoff, tax extension, tax tips for older adults, taxes for a bank interest

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