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IRS chief zeroes in on wealthy tax cheats in AP interview
IRS Commissioner Danny Werfel says in a wide-ranging interview with The Associated Press the federal tax collector will expand its pursuit of high-wealth tax dodgers with new initiatives in the coming months.
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The IRS launched a free online tax filing system. Find out here if it’s available in your state
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Biden proposes tax increase on fuel for private jets, casting it as making wealthy pay their share
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Tax season is underway. Here are some tips to navigate it
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Court rejects bid to block Chicago ballot measure that would tax real estate for homeless services
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More News
A new IRS program is helping its first users file their income taxes electronically. And it’s free
The government’s new free electronic filing system for income tax returns is getting its first users this filing season.
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Students and parents are frustrated by delays in hearing about federal financial aid for college
For many students, the excitement of being accepted into their first-choice college is being tempered this year by a troublesome uncertainty over whether they’ll get the financial aid they need to attend.
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Why now is a crucial time to pay off credit card debt
For Americans who lacked savings prior to the pandemic, financial stress is rising. A combination of inflation, increased interest rates, and the end of pandemic-tied relief, such as the moratorium on student loan payments, has led to record credit card debt, experts say, with rising and worrying de
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Most Americans feel they pay too much in taxes, AP-NORC poll finds
A majority of U.S. taxpayers feel they pay too much in taxes, with many saying that they receive a poor value in return.
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What to do if you’re concerned you might be laid off — or if you’ve lost your job
Recent mass layoffs from technology and media companies, including eBay, Riot Games and the Los Angeles Times, might have you thinking about your job security.
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Overdraft fees could drop to as low as $3 under new Biden proposal
The cost to overdraw a bank account could drop to as little as $3 under a proposal announced by the White House, the latest move by the Biden administration to combat fees it says pose an unnecessary burden on American consumers, particularly those living paycheck to paycheck.
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The new FAFSA is meant to make applying for college aid easier, but not everyone can access it yet
A new online application designed to make applying for federal student aid easier went live this week, but not everyone has been able to access it.
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What to know about changes to this year’s FAFSA application for college students
A new version of the federal student aid application is now available to all college applicants for the 2024-2025 school year.
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More homeowners tap equity juiced by soaring prices
LOS ANGELES (AP) — Homeowners are increasingly tapping their equity, taking advantage of big gains following years of soaring housing prices.
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Inflation, expenses rise sharply as priorities: AP-NORC poll
A new poll from The Associated Press-NORC Center for Public Affairs Research shows an upheaval in priorities just months before critical midterm elections.
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New Mexico social studies rule adds personal finance to K-12
SANTA FE, N.M. (AP) — The New Mexico Public Education Department has issued a final rule structuring the K-12 social studies curriculum, adding personal finance following a letter-writing campaign.
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Poll: 15% of Americans worse off a year into pandemic
While most Americans have weathered the pandemic financially, about 38 million say they are worse off now than before the outbreak began in the U.S.
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Retiree checks to rise 1.3% in 2021 amid coronavirus fallout
WASHINGTON (AP) — Social Security recipients will get a modest 1.3% cost-of living-increase in 2021, but that might be small comfort amid worries about the coronavirus and its consequences for older people.
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Reviewing Florida Blue (BCBS) insurance vs Cigna vs Ambetter vs Bright Health : Reviews of Best affordable Health/medical insurance companies & plans in Florida
New York, NY ( TS Newswire ) -- 17 Sep 2020
Comparing Florida health insurance plans online is time consuming, overwhelming, and in many cases inaccurate, as people still lose money on their premiums which they could have saved.
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AP-NORC poll: Many in US shoring up finances amid downturn
WASHINGTON (AP) — It’s the paradox of a pandemic that has crushed the U.S. economy: 12.9 million lost jobs and a dangerous rash of businesses closing, yet the personal finances of many Americans have remained strong — and in some ways have even improved.
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TurboTax maker Intuit buying Credit Karma in $7.1B deal
Intuit is buying consumer finance company Credit Karma in a $7.1 billion cash and stock deal that will take it deeper into the financial products realm.
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Things to know about California’s law on college athlete pay
SACRAMENTO, Calif. (AP) — California is the first state to pass a law allowing college athletes to hire agents and get paid for use of their name, image or likeness.
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US long-term mortgage rates rise, with 30-year at 3.56%
U.S. long-term mortgage rates rose this week yet remained at historically low levels. Mortgage buyer Freddie Mac says the rate on the 30-year, fixed-rate mortgage increased to 3.56% from 3.49% last week.
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A glance at US mortgage rates: 30-year at 3.56%
U.S. long-term mortgage rates rose this week but remained at historically low levels
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US consumer borrowing posts biggest gain since late 2017
Consumer borrowing surged in July at its fastest pace since late 2017, driven by a big jump credit card use.
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This Week: Consumer confidence, Tiffany results, 2Q GDP
The Conference Board issues its August snapshot of consumer confidence Tuesday. Tiffany & Co. reports second quarter results Wednesday.
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How to keep your razors from contributing to landfill waste
How bad is your disposable razor for the environment? The question is gaining attention among consumers amid a growing global campaign against plastic waste, with cities and countries introducing bans on single-use plastic bags and straws.
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What consumers should know about Equifax $700M settlement
Equifax’s $700 million settlement with the U.S. government over a massive 2017 data breach includes up to $425 million for consumers.
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Do you need a Roth 401(K)?
If you are saving for retirement, you probably know about the 401(k) and the Roth IRA too. But are you familiar with a Roth 401(k)?
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AP-NORC Poll: Many feeling vulnerable despite economic gains
WASHINGTON (AP) — Americans are generally satisfied with their personal finances, but many lack confidence in their ability to afford retirement, an emergency expense or even their daily living costs.
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Study: Retirees lose by taking Social Security at wrong time
It’s tough to decide when to start taking Social Security benefits and it appears many people are shorting themselves with their choice.
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AP Explains: How retirement legislation impacts you
Americans generally do not have enough saved for retirement and Congress is considering a number of measures to address that.
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California governor seeks explanation for high gas prices
The California governor wants to know why the state’s gas prices are higher than in the rest of the country. Gov.
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Apple tries to take a bite out of credit card industry
Apple is rolling out a credit card that it says is designed to do things no other card can. So how does it actually stack up
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Investing became cheaper, easier during bull market run
NEW YORK (AP) — As the bull market for U.S. stocks celebrates its 10th birthday, joining the party has never been cheaper or easier.
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