Recent Stories
Trump rings opening bell to mark first day of trading for Trump Accounts
Trump Accounts are now officially available, offering a new government-backed investment option for children with federal seed funding and tax-advantaged growth for eligible families.
Big changes could be coming to your 401(k)
President Donald Trump on Thursday signed an executive order that could make it easier for 401(k)s and other workplace retirement plans to offer employees the option of investing some of their savings in alternative investments including private equity, long the domain of institutional and “accredited” high-net-worth investors.
New rules for how much you can deduct in charitable contributions
If you regularly make donations to tax-exempt charities and non-profits, you should be aware of upcoming rule changes governing how much of your contributions will be deductible. Some of the changes, which are in President Donald Trump’s recently enacted federal tax-and-spending cuts package, affect filers who take the standard deduction. Others affect filers who itemize — which you do when your individual deductions combined exceed the standard.
New rules for how much you can deduct in charitable contributions
If you regularly make donations to tax-exempt charities and non-profits, you should be aware of upcoming rule changes governing how much of your contributions will be deductible. Some of the changes, which are in President Donald Trump’s recently enacted federal tax-and-spending cuts package, affect filers who take the standard deduction. Others affect filers who itemize — which you do when your individual deductions combined exceed the standard.
How to benefit from the Fed’s latest decision
Still no movement. For its fourth meeting in a row, the Federal Reserve opted to leave unchanged its key short-term interest rate — which influences a host of rates on consumer financial products and bank accounts across the United States.
Who benefits most from the state and local tax deduction and why raising the cap is contentious
Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers.
A guide to financial sanity now
The first 100 days of the second Trump administration upended a lot of things — not least of which was what investors, businesses and consumers thought they knew about the US economy.
It’s Tax Day. Still haven’t filed? Tips on how to get an extension and more
It’s April 15 — otherwise known as “Tax Day” in the United States. While the IRS has already received a majority of the 2024 federal income tax returns typically filed by Tax Day — 101.422 million as of April 4, to be precise — US tax filers are expected to send in tens of millions more by today.
Good ways to put your tax refund to use
Congratulations for getting your taxes done and filed. If you’re in line for a refund — or already have received one — you’re in good company. A majority of US filers typically do get money back. And this year is no exception.
Making financial resolutions? Keep your list short and specific
So you want to get your financial life in order. And you swear that 2025 will be the year you do it. In fact, you’re making it your new year’s resolution.
