Earned income tax credit (EITC): What it is and who qualifies
This popular tax break can be one of the trickiest.
5 min read
Mar 24, 2022
Politics
See how political decisions are affecting your personal finances.
Latest Articles
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Biden’s executive order on cryptocurrency – here’s what it means for you
The government has as much as six months to prepare an assessment of these digital currencies.
2 min read Mar 09, 2022 -
Filing your taxes soon? Here’s how COVID-19 relief could affect what you owe
The coronavirus pandemic is making this year’s tax season complex.
7 min read Mar 02, 2022 -
The worst inflation in 40 years: Here’s when price pressures could hit their peak
Consumers are bracing for a longer stretch of high inflation. But when can it be expected to slow down?
7 min read Feb 25, 2022 -
Survey: Experts predict another year of decades-high inflation
Price increases depend on supply chain and labor shortages.
4 min read Jan 06, 2022 -
Biden picks Jerome Powell for new term as Federal Reserve chair
The appointment gives Powell the chance to finish the U.S. central bank’s pandemic response.
6 min read Nov 22, 2021 -
The Great Resignation: Why millions of workers are leaving their jobs and what to consider before quitting
A game of hiring musical chairs is afoot — and it doesn’t look like it’ll be stopping anytime soon.
9 min read Nov 17, 2021 -
Will Biden reappoint Powell as Fed chair? Here’s the latest and what experts are saying
The president will have to weigh his party’s priorities with his desire for continuity.
8 min read Oct 22, 2021 -
Social Security payments set to jump 5.9% in 2022 following biggest COLA increase in nearly 40 years
Here’s how much the average Social Security recipient will receive.
2 min read Oct 13, 2021 -
Survey: Economists see unemployment holding above pre-pandemic levels a year from now
The job market has come a long way, but economists’ forecasts suggest more recovery time is needed.
4 min read Oct 07, 2021 -
Democrats propose higher 25% capital gains tax rate — here are 3 ways to minimize the potential hit
Here’s how the plan could affect investors and what moves they can make to keep more of their profit.
3 min read Sep 14, 2021 -
Child Tax Credit: Here’s how to collect your monthly payments
The first of six monthly Child Tax Credit (CTC) payments start July 15.
7 min read Jul 14, 2021 -
Estate taxes: Will the step up in basis be eliminated? Here’s what to know and how to prepare
People who inherit homes will want to pay close attention to this proposal.
3 min read May 25, 2021 -
Fourth stimulus check update: Latest White House comments, California governor’s proposal
Millions of Americans support another round of relief payments.
4 min read May 16, 2021 -
Survey: More than 6 in 10 Americans say $1,400 stimulus checks won’t last three full months
Most plan to spend their stimulus funds on necessities, not on shopping, dining or traveling.
7 min read Apr 14, 2021 -
Stimulus checks: How adult dependents can claim their $1,400 payment
For the first time, adult dependents are eligible for a coronavirus stimulus check.
5 min read Apr 01, 2021 -
Child Tax Credit: When will your $3,000 (or $3,600) arrive and who’s eligible?
Experts warn the IRS may be hard-pressed to send out checks starting in July.
5 min read Mar 26, 2021 -
Fed keeps rates near zero with bounce back from pandemic in sight
The Fed is pledging to keep aggressively supporting the economy, even after the pandemic officially ends.
7 min read Mar 17, 2021 -
Unemployment fraud is harming those with and without jobs. Here’s what to do if you’re a victim
Billions of dollars worth of wrongful unemployment payments have been paid out during the pandemic.
9 min read Mar 04, 2021 -
Biden’s tax plan: Watch for these expanded breaks soon and possible hikes later
Biden may want to hold off on raising taxes as the economy recovers — for now.
7 min read Feb 15, 2021
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