In this article NAVI Supannee U-prapruit | iStock | Getty Images For many American families, the largest cash infusion they get all year is their tax refund. The average check cut by the IRS was more than $2,800 in 2021, although refunds might be smaller this year for several reasons. How you should spend the
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A Bitcoin ATM is seen inside a gas station in Los Angeles on June 24, 2021. CHRIS DELMAS | AFP | Getty Images Roughly 2 out of 3 “fund selectors” don’t think individual investors should own cryptocurrency in their portfolios, largely for reasons related to transparency and regulation, according to a Natixis Investment Managers survey.
Steven Heap/EyeEm/Getty Images If you’re one of the millions of Americans still waiting on your 2020 tax return, you’ll need to take a special step to avoid a rejection for this year’s electronic filing, according to the IRS. When filing digitally, you validate your return with the previous year’s adjusted gross income. Typically, your tax filing
Jose Luis Pelaez Inc Finding a competitive interest rate on your emergency savings has become even more difficult amid record high inflation. But there is good news. The Federal Reserve is expected to begin raising interest rates. When they do, that will kick up the interest you can earn on your cash. Some accounts may
In this article EFX Scyther5 | Getty Images Your ticket to free credit monitoring for four years may be sitting in your inbox. If you signed up for this service a couple of years ago as part of the settlement from the 2017 massive data breach at credit-monitoring firm Equifax, you should have received information
Between sky-high costs and hefty student loan debt, more students and their families are questioning the value of a college degree. While about 81% of college-bound juniors and seniors still see college as a worthwhile investment, only 42% of families feel confident about covering the cost, according to a report by Sallie Mae. As a
The Studio Theatre in Little Rock, AR Jennifer Schlesinger | CNBC After months of limbo and mounting debts, the Studio Theatre in Little Rock, Arkansas, got some welcome news from the Small Business Administration in early February. The small nonprofit theater has had its denial for aid through the Shuttered Venue Operators Grant Program overturned.
andresr | E+ | Getty Images Almost two years into the Covid-19 pandemic, many small businesses are still struggling. While financial assistance for those impacted by the crisis has ended, some of the hardest hit industries, including gyms, hotels and restaurants, are pushing for more relief. For many, the omicron surge dealt a big blow.
Joe Raedle | Getty Images News | Getty Images The latest Consumer Price Index reading, the highest in four decades, isn’t the only sign that inflation is extending rather than giving up its hold over the U.S. economy in 2022. An increasing number of American small businesses say they are now passing on higher costs
Ever since the U.S. first introduced the Child Tax Credit (CTC) in 1997, Puerto Rican residents with taxable income have been eligible to claim payments for their children — but there was a catch. In previous years, families in Puerto Rico also needed to have at least three children to qualify for the credit. This
Curious about the business tax deadlines that you should mark on your calendar this tax season? Here’s what small business owners need to know. Deadlines for filing small business tax returns There are different filing deadlines to be aware of depending on what type of business you have. Below are the key tax calendar dates
New to small business taxes and all they entail? In this article, we’ll cover some of the most frequently asked small business tax questions, such as what you can and can’t deduct on your tax return, how to save for retirement, and more. Let’s dive right in! What small business expenses can I deduct? As