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Emily Sherman

Emily Sherman

Financial Journalist

Emily Sherman is a personal finance expert at BestMoney.com, specializing in online banking. Her work has appeared in U.S. News & World Report, Buy Side from the Wall Street Journal, Newsweek, and more. As a veteran journalist, Emily leverages her expertise to help readers make informed financial decisions.

Posts by Emily Sherman

How are Bonuses Taxed?

Earning a bonus feels great—whether you anticipated it or not. That extra cash rewards your hard work, celebrates a new job, or marks the holidays.
Read MoreSep 9, 2025
A person figuring out how bonuses are taxed.

How Are Dividends Taxed?

Dividend income can provide steady payouts for investors, but understanding the tax implications is essential for maximizing your returns.
Read MoreAug 24, 2025
An investor figuring out his dividend tax.

How Much Do You Have to Make to File Taxes?

The minimum income required to file taxes varies based on your filing status and age.
Read MoreAug 24, 2025
A woman filing her taxes based on her income.

How to File a Tax Extension Online

If you have a complex tax return or need more time to gather proper documents, filing a tax extension gives you extra time to prepare before submitting your return to the IRS.
Read MoreAug 24, 2025
A woman filing a tax extension online.

How Much is Self-Employment Tax?

Working for yourself means handling taxes differently from W-2 employees.
Read MoreAug 24, 2025
A self-employed, remote worker figuring out her tax.

How Does a 1099 Form Work?

Filing taxes involves navigating various forms, and understanding each one helps you stay organized and file correctly.
Read MoreAug 21, 2025
A woman filling out a 1099 form.

How Many Bank Accounts Should I Have?

Managing your money can be complicated on its own, but juggling funds in multiple accounts can add another layer of difficulty to your financial planning. Still, having multiple bank accounts can offer many benefits, depending on your financial goals.
Read MoreJun 3, 2025
How Many Bank Accounts Should I Have?

Simple Interest vs. Compound Interest: What's the Difference?

Interest — or a surcharge applied when you borrow money — is a reality of most financial products. But interest comes in different forms, so it’s important to understand how charges apply before signing up for any loan or investment.
Read MoreMay 28, 2025
Simple vs. Compound Interest: What’s the Difference?

What’s the Typical Minimum Balance for Online Savings Accounts?

When you open a savings account, there are several requirements to keep an eye out for, including monthly maintenance fees, initial deposits and minimum balances.
Read MoreMay 22, 2025
Typical Minimum Balances to Open a Savings Account

What Is Simple Interest? How it Works And Who Benefits

When you borrow money, you are almost always responsible for paying interest or a charge associated with repaying what you owe. In the same vein, when you save or invest money with a financial institution, it will likely pay you interest in exchange for banking or investing with them.
Read MoreMay 20, 2025
Simple Interest: How it Works and Who its Best For
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