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- 5 tax scams to avoid (2 11 25)
5 tax scams to avoid (2 11 25)
Anthony Hazzard
February 11, 2025
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💵 Today’s Top Stories
 | Here are some common tax scams that you need to avoid this year to keep your money safe. Read more. |
 | Clark considers “annuity” to be a curse word. (Oops … sorry if we offended your eyes!) But when pressed, he admits there are two exceptions to his “never deal with annuities” rule. Read more. |
Sponsor | Get professional retirement tips, financial insights, and lifestyle advice delivered to your inbox weekly! Stay informed on savings, investing, and smart planning for a happy post-career life. |
 | You may be able to get your groceries delivered within an hour of ordering. Online grocery delivery has become popular. But before you start filling your virtual card, you’ll want to read this. Read more. |
 | Building a great resume is daunting even for the smartest of us. Specialized help can be significant here. But it can also be expensive. Here are six great free or cheap options. Read more. |
📣 Today’s Top News
💻️ Tech Tip From Kim Komando
Don’t give up: Fight Health Insurance is a new, free AI tool that can help you appeal health insurance claim denials. The chatbot scans your denial letter and generates an appeal letter you can edit. Unlike ChatGPT and others, this one is specifically fine tuned for health insurance rejections. If you use it, triple-check the text before sending it off to your insurer. Join 575K people who get tech smart with my friend Kim Komando’s free newsletter, The Current.
📈 Amazon Surpassing Walmart For No. 1 in Revenue
Walmart long has held the mantle for No. 1 when it comes to quarterly revenue among S&P 500 companies. It generated nearly $128 billion in the fourth quarter of 2012(!).
Amazon, by contrast, barely topped $21 billion that quarter. Yet, 12 years later, Amazon finally looks poised to surpass Walmart in quarterly revenue.
The e-commerce giant with the huge cloud storage business nearly reached $188 billion in revenue in the fourth quarter of 2024. Bloomberg analysts predict Walmart will announce ~$180 billion in revenue for the same quarter when it reports its earnings on Feb. 20.
Amazon seemingly closed the gap in fourth-quarter revenue a bit every year before really accelerating starting in 2020. Barring a strong revenue beat, it will finally take the crown.
That doesn’t mean that Amazon always is superior. For example, Clark regularly says he prefers a Walmart+ membership to Amazon Prime.
📊 Stat of the Day
📦️ 75%+: The share of U.S. adults that were Amazon Prime members in 2024. That’s 194 million people under the Prime umbrella. Amazon also revealed it delivered 9 billion items the same day or the next day in 2024.
💰️ Deal Alert: Today’s Top Deals
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🎙️ Podcast
There are two major expenses that impact our budget the most: housing and transportation. If you’re feeling overwhelmed, Clark explains how to avoid overspending on homes and vehicles so you can create more breathing room in your financial life. Also, more and more companies are requiring employees to return to the office five days a week. Clark says this will make traffic worse!
☎️ Need Money Help?
The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information.
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