Cecilie Arcurs | Getty ImagesThere's a staffing shortage in the accounting industry, and it's not too early to lock in a tax preparer for next season.If you need someone with specialty expertise — such as the employee retention tax credit or cryptocurrency taxes — it may take longer to...
Rep. Jason Smith, R-Mo., speaks during a House Oversight and Accountability Committee impeachment inquiry hearing on Sept. 28, 2023.Jonathan Ernst | ReutersHouse Republicans are pressing the IRS for answers after the agency paused processing new claims for a pandemic-era small business tax break.Lawmakers voiced "continued concerns" about the employee retention...
The Powerball jackpot hit $1.2 billion on Oct. 3, 2023, the third-biggest prize in the game's history.Scott Olson | GettyThe Powerball jackpot has climbed to an estimated $1.2 billion — the third-largest prize in the game's history — without a winner on Monday night.Among the winner's big decisions will...
Amid heightened economic uncertainty, Americans, overall, are saving less.The personal savings rate — how much people save as a percentage of their disposable income — was 3.9% in August, well below a decadeslong average of roughly 8.9%, according to the latest data from the U.S. Bureau of Economic Analysis.And yet,...
Taylor Swift performs onstage at Lumen Field in Seattle on July 22, 2023.Mat Hayward/tas23 | Getty Images Entertainment | Getty ImagesTaylor Swift fans forked out an average $2,183 for a resold ticket to a concert on the superstar's Eras Tour, according to resale research site TicketIQ. Now, ticket resellers...
TikTok logo displayed on a cellphone.Hyoung Chang | Denver Post | Getty ImagesTikTok videos often have a 'kernel of truth'One big issue has been the flood of influencers pushing small businesses to amend payroll tax returns to claim the employee retention credit, or ERC, a pandemic-era tax break, according...
Ana Paula CortesCourtesy: Ana Paula CortesAna Paula Cortes graduated from New York University in 2021 with her master's degree in creative writing — and $100,000 in student debt.Lea este artículo en español aquí.Cortes, a U.S. citizen who grew up in Mexico, had to finance her degree on her own. She...
Jose Luis Pelaez Inc | Digitalvision | Getty ImagesThere are a lot of opportunities to minimize your tax burden when it comes to retirement planning. Of course, making the most of tax-advantaged accounts is a key aspect of any retirement strategy.Some employer-sponsored plans such as 401(k)s allow you to...
Hannah Williams of Salary Transparent Street.Credit: Brandon Showers PhotographyMore from Your Money:Here's a look at more stories on how to manage, grow and protect your money for the years ahead.In street interviews like Williams' — which can go viral on social media — creators typically ask someone they encounter...
Moyo Studio | E+ | Getty ImagesIt used to be when you talked about marriage and the "golden years," the picture was a traditional one. Get married, work hard, buy a house, have children and retire surrounded by family and some grandchildren.Divorce was a hush-hush topic and a rare...