Matthew Carroll Atlanta Braves

The loss of a loved one can be difficult. Aside from that, managing their cash takes a lot of work. The IRS does not require relatives of the deceased to make tax or penalty payments on their behalf. Yet, several guidelines can be applicable if someone has passed away and still has unpaid income or estate taxes . Typically, the final tax return for a deceased person is filed by their surviving spouse or another designated agent. The surviving spouse must sign the return. The person filing the return must be either a court-designated conservator or guardian or a power of attorney if there is no surviving spouse or assigned representative. IRS Form 2848: Power of Attorney and Declaration of Representation must be completed by the person filing the return in all scenarios. Using software that handles many of the most challenging portions of the tax return automatically is the ideal method to submit a tax return on your parent's behalf. Free tax preparation software is available online

Following a terrible market that saw equities fall in 2022, many investors anticipate a comeback. However, markets are expected to remain turbulent. It's critical to stay calm and focus on long-term goals rather than getting caught up in the moment. This is where investing methods like these may help weather the storm and position yourself for a bigger comeback in 2023. Inflation is defined as a general increase in the prices of goods and services, which is sometimes expressed as an annual rate. It is generated by both demand-pull and cost-push inflation, although a moderate inflation rate is typically thought to benefit the economy. As a consumer, you may believe that inflation is bad because it causes your money to lose value. However, economists argue that a tiny bit of inflation is beneficial, especially when evaluated at a 2% yearly rate, which the Federal Reserve regards as healthy. The primary drivers of inflation are increases in the prices of specific commodities, such as