2025 tax season starts Jan. 27. Here’s how to file for free

2025 tax season starts Jan. 27. Here’s how to file for free

Pra-chid | Istock | Getty Images Expanded free filing options for 2025 For the 2025 season, Direct File, the IRS’ free tax filing program, will be open to eligible taxpayers in 25 states. That’s... Read more »
Here’s the 401(k) plan contribution limit for 2025

Here’s the 401(k) plan contribution limit for 2025

Marco Vdm | E+ | Getty Images If you’re ready to focus on retirement in 2025, early January could be the perfect time to boost your 401(k) plan contributions, financial experts say. ... Read more »
Here’s how retirees can get the biggest tax break for charitable gifts

Here’s how retirees can get the biggest tax break for charitable gifts

Xavierarnau | E+ | Getty Images If you’re retired and planning a year-end donation to charity, there’s a key move to maximize your tax break, financial experts say.   Qualified charitable distributions,... Read more »
TJX sees opportunity in Trump’s tariff chaos as rivals brace for price hikes: here’s why

TJX sees opportunity in Trump’s tariff chaos as rivals brace for price hikes: here’s why

President-elect Donald Trump’s sweeping tariff proposals have triggered widespread concerns among businesses and economists. Trump has suggested imposing a 20% tariff on all US imports and steeper duties of up to 60%... Read more »
Venezuelan bolívar loses 24% against the dollar in one year: here’s why

Venezuelan bolívar loses 24% against the dollar in one year: here’s why

The Venezuelan bolívar has lost 24% of its value against the US dollar over the past year, exacerbating the country’s ongoing economic struggles. In the last eight weeks alone, the official exchange... Read more »
Activist ValueAct is poised to trim fat, help boost profits at Meta. Here’s how

Activist ValueAct is poised to trim fat, help boost profits at Meta. Here’s how

Jonathan Raa | Nurphoto | Getty Images Company: Meta Platforms (META) Business: Meta Platforms builds technologies that help people find communities and grow businesses. The company’s products enable people to connect and... Read more »
Here’s the deflation breakdown for October 2024 — in one chart

Here’s the deflation breakdown for October 2024 — in one chart

As inflation has throttled back from pandemic-era highs, consumers have seen prices decline outright for many household items. This dynamic, known as deflation, generally doesn’t occur on a broad, sustained scale in... Read more »
Here’s What Tuesday’s Election Means to Small Businesses in Missouri

Here’s What Tuesday’s Election Means to Small Businesses in Missouri

The overwhelming majority of NFIB Missouri PAC’s 95 endorsed candidates won Tuesday night, ensuring Main Street is strongly represented in Jefferson City. As of Wednesday morning, the votes were still being counted,... Read more »
Here’s why young adults in Puerto Rico are struggling financially

Here’s why young adults in Puerto Rico are struggling financially

Parade attendees wave Puerto Rican flags on Fifth Avenue in Manhattan during the annual Puerto Rico Day Parade.  Luiz C. Ribeiro | New York Daily News | Tribune News Service | Getty... Read more »
Here’s What Tuesday’s Election Means to Small Businesses in Texas

Here’s What Tuesday’s Election Means to Small Businesses in Texas

NFIB had a very successful election night in Texas, with pro-small business candidates overwhelmingly elected to serve in Washington, D.C. and in Austin. As of Wednesday morning, the votes were still being... Read more »
Here’s how a Trump presidency could affect your taxes

Here’s how a Trump presidency could affect your taxes

Republican presidential nominee and former U.S. President Donald Trump holds a rally in Saginaw, Michigan, U.S., October 3, 2024. Democratic presidential nominee U.S. Vice President Kamala Harris and Vice-Presidential candidate Tim Walz... Read more »
I just bought a used car for my teen driver. Here’s what I learned

I just bought a used car for my teen driver. Here’s what I learned

When I was a teenager, I bought my first car. It was a Toyota Tercel with a few hundred miles on it and cost less than $10,000. Granted, this was 30 years... Read more »
Here’s the 0% capital gains bracket income limit for 2025

Here’s the 0% capital gains bracket income limit for 2025

Phynart Studio | E+ | Getty Images If you’re ready to rebalance investments or harvest profits, you could shield more earnings from capital gains taxes in 2025. The IRS on Tuesday announced... Read more »
Here’s what’s behind the surprising rise in yields since the Fed started cutting

Here’s what’s behind the surprising rise in yields since the Fed started cutting

The reason why Treasury yields are rising isn’t complicated — it’s because investors are demanding more compensation for the risk they are taking when buying government debt. However, it’s the reason behind... Read more »
Sweden is now offering big money to make immigrants leave: here’s how much and why

Sweden is now offering big money to make immigrants leave: here’s how much and why

Sweden is set to implement a new policy that increases payments for immigrants who voluntarily leave the country, with incentives rising significantly by 2026. Under the plan, the current payment, capped at... Read more »
Here’s how to find a tax preparer for the 2025 season

Here’s how to find a tax preparer for the 2025 season

Leopatrizi | E+ | Getty Images Most tax preparers don’t have credentials Despite the talent shortage, vetting is important because “pretty much anyone can call themselves a tax preparer,” Young said. The... Read more »
Here’s how to know if active ETFs are right for your portfolio

Here’s how to know if active ETFs are right for your portfolio

Izusek | E+ | Getty Images Exchange-traded funds are generally known for passive strategies. But there has been a surge in actively managed ETFs as investors seek lower costs and more precision,... Read more »
Maximum Social Security retirement benefit: Here’s who qualifies

Maximum Social Security retirement benefit: Here’s who qualifies

Twenty47studio | Moment | Getty Images Millions of Social Security beneficiaries will benefit from the 2.5% cost-of-living adjustment for 2025, set to take effect in January. With that increase, the maximum Social... Read more »