01.11.24 IRS Tax Penalty News / Vanguards Target Date Funds

Published: Jan. 11, 2024, noon

b"The IRS has been in the news for waiving penalties from prior tax years AND people are getting surprise tax bills. That has brought about a slew of companies advertising tax debt relief. Know what applies to you, and why you shouldn\\u2019t take the bait for \\u201cdebt relief\\u201d.\\xa0Also in the news, the lawsuit against Vanguard over its target date funds is moving through the courts. Know what role TDFs play in your portfolio and where they should NEVER be placed.\\xa0\\n\\nTax Penalty Changes: Segment 1\\n\\nAsk Clark: Segment 2\\n\\nVanguard\\u2019s Target Date Funds: Segment 3\\n\\nAsk Clark: Segment 4\\n\\n\\nMentioned on the show:\\n\\n[The Washington Post] IRS is waiving $1B in penalties. Beware of tax debt relief companies.\\n\\nIRS Zaps Nearly $1 Billion in Penalties for Taxpayers - The Wall Street Journal.\\n\\nSurprise Bill Coming to Those Who Underpay Taxes\\xa0\\n\\nWhen Should You Get an Accountant To Do Your Taxes?\\n\\nHow to Freeze Your Child's Credit\\n\\nShould You Make Your Child an Authorized User on Your Credit Card?\\n\\nIs Pet Insurance Worth It? What You Need To Know Before You Buy\\n\\nHow To Create a Will Online\\n\\nLiving Will and Durable Power of Attorney: Frequently Asked Questions\\n\\nClark Howard's 5-Point Annual Checklist You Should Follow\\n\\nLawsuit Over Vanguard\\u2019s Target-Date Funds Can Proceed, Judge Rules\\n\\nTarget Date Funds: Clark's Favorite Retirement Investment\\n\\nFrequently Asked Questions on Gift Taxes\\n\\nWhat Is a Roth 401(k) and How Does It Work?\\n\\nBest Budgeting Apps in 2024: Our Top 5\\n\\n\\nClark.com resources\\n\\nEpisode transcripts\\n\\nCommunity.Clark.com\\n\\nClark.com daily money newsletter\\n\\n\\nConsumer Action Center Free Helpline: 636-492-5275\\n\\n\\nLearn more about your ad choices: megaphone.fm/adchoices\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"