Updated for tax year 2024. If you and your significant other are living together without being married, you probably share many expenses. One of you may even be financially supporting the other. In such a scenario, you may wonder if you can claim your girlfriend or boyfriend as a dependent on your tax return to
Month: December 2024
A customer reaches for a box from the Lego Dots range at the Lego A/S store in London, U.K., on March 7, 2022. Bloomberg | Getty Images The toy industry is headed for its second consecutive annual sales decline, but it’s got one thing propping it up: colorful, interlocking plastic bricks. At a time when
U.S. President Joe Biden delivers remarks during the Tribal Nations Summit at the Department of the Interior in Washington, D.C., U.S., December 9, 2024. Elizabeth Frantz | Reuters The Biden administration has withdrawn two major plans to deliver student loan forgiveness. The proposed regulations would have allowed the U.S. Department of Education secretary to cancel
Updated for tax year 2024. Have you ever lost money to a loan you’ll never collect? If you answered yes, the good news is you’re not alone. Many of us have lent money to a friend or relative at some point. And while the intent might have been good, there are times when things don’t
In this article TM F Follow your favorite stocksCREATE FREE ACCOUNT Canadian and American flags fly near the base of the Ambassador Bridge connecting Canada to the U.S. in Windsor, Ontario, Canada, on Wednesday, May 26, 2021. Cole Burston | Bloomberg | Getty Images DETROIT — There’s growing concern that President-elect Donald Trump‘s plan to
Ryanjlane | E+ | Getty Images The IRS plans to issue automatic “special payments” of up to $1,400 to 1 million taxpayers starting later this month, the agency announced last week. The payments will go to individuals who did not claim the 2021 Recovery Rebate Credit on their tax returns for that year and who
Updated for tax year 2024. As a self-employed taxpayer, do you ever envy your traditionally employed friends at tax time? Having your own business as a freelancer or independent contractor definitely increases the record-keeping you must do for tax purposes. And when you’re digging through all your self-employed income tax records and business receipts, it’s
Bob Iger, CEO of Disney (L), and Brian Roberts, CEO of Comcast (R). Getty Images Ho, ho, ho! It’s a CNBC holiday tradition: Anonymous media executives make their 2025 industry predictions. In honor of the 12 days of Christmas, we give you 12 predictions from some of the most powerful media and entertainment executives in
Sdi Productions | E+ | Getty Images The U.S. job market has undergone a dramatic transformation in recent years, from one characterized by record levels of employee turnover to one in which there is little churn. In short, the “great resignation” of 2021 and 2022 has morphed into what some labor economists call the “great
Extending TCJA Economic Analysis: CBO & JCT Economic Models Skip to content Home • Blog • CBO and JCT Preview Economic Analysis of Extending TCJA The Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) recently published macroeconomic (dynamic) analyses of extending the individual provisions of the TaxA tax is a mandatory payment
In this article ARES GLPI WMT Follow your favorite stocksCREATE FREE ACCOUNT A Walmart Supercenter during Walmart’s multiweek Annual Deals Shopping Event in Burbank, California, on Nov. 21, 2024. Allen J. Schaben | Los Angeles Times | Getty Images Investors can benefit by creating a diversified portfolio of growth and dividend stocks, enhancing their overall
Mariah Carey performs “All I Want for Christmas Is You” at the 2023 Billboard Music Awards. Gilbert Flores | Penske Media | Getty Images “I don’t want a lot for Christmas / There is just one thing I need / An answer to just one question / An estimate of Mariah Carey’s song royalties, please?”
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