Personal saving

Allison Michael Orenstein | Getty ImagesAs the tax season kicks off, seniors may be facing new questions this year.A record 5.9% Social Security cost-of-living adjustment last year likely pushed up their income.Meanwhile, other income, such…

Morsa Images | Digitalvision | Getty ImagesIf you worked from home in 2022, you may wonder if you qualify for the home office deduction, which offers a tax break for part of your home expenses.Remote work was an option for 10.6% of workers…

The Federal Reserve is widely expected to announce its eighth consecutive rate hike at this week's policy meeting. This time, Fed officials likely will approve a 0.25 percentage point increase as inflation starts to ease, a more modest pace…

As tax season begins, you may be eager to file your tax return for a faster refund and to check the annual task off your list.For most filers, the tax deadline is April 18, and the IRS urges Americans to prepare before filing to avoid…

A worsening macroeconomic climate and the collapse of industry giants like FTX and Terra have weighed on bitcoin's price this year.STR | Nurphoto via Getty ImagesCrypto losses can offset investment gainsOne of the silver linings of…

It took me 20 years of trial and error before I achieved a multimillion-dollar net worth. Now, at 64, I draw income from the 18 companies I started and the 12,000 apartment units I own.But I wish I had known sooner that wealthy people think…

By most measures, the U.S. economy is in solid shape.Although the first half of 2022 started off with negative growth, a strong labor market and resilient consumer helped turn things around and give hope for the year ahead.related investing…

John Miller | iStock | Getty ImagesA group of House Republicans are revisiting the Fair Tax Act, which would replace certain federal levies with a national sales tax and decentralize the IRS.While the plan may not get a floor vote and…

Colorful cafe bars at the iconic Beale Street music and entertainment district of downtown Memphis, Tennessee.benedek | iStock | Getty ImagesDespite broad hikes in rental prices, competition is easing in some U.S. markets as inventory…

Bill Oxford | E+ | Getty ImagesIf you're banking on a tax refund, it may be "somewhat lower" than last year's payment, according to the IRS.Typically, you can expect a federal refund if you've overpaid yearly taxes or withheld more than…