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Taxes

Nearly half of families with kids can no longer afford enough food 5 months after child tax credit ended

lisegagne | E+ | Getty ImagesWithout the child tax credit, Stormy Johnson has been skipping her own meals so her kids can eat.Johnson,...

Your Social Security check might be taxed. Here’s how that could change

Fertnig | E+ | Getty ImagesDeath and taxes are two certainties in life, as the saying goes.But many people may not realize their...

Choosing between pre-tax and Roth 401(k) plans can be much trickier than you think

Prathanchorruangsak | Istock | Getty ImagesWhether you're a current employee or changing jobs, you may need to choose between pre-tax and Roth 401(k)...

House Democrats push for state and local taxes relief in appropriations bill

Rep. Tom Suozzi, D-N.Y., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol on April...

Want to buy more than $10,000 in nearly risk-free I bonds? Here are a few strategies

Chris Ryan | Getty ImagesI bonds have surged in popularity as riskier assets slip.The bonds are backed by the federal government, the principal...

As food prices soar, some states consider cutting taxes on groceries. But that may not be the best approach, research finds

A person shops for groceries at Lincoln Market on March 10, 2022 in the Prospect Lefferts Garden neighborhood of Brooklyn borough in New...

There’s a growing interest in wealth taxes on the super-rich. Here’s why it hasn’t happened

Sen. Ron Wyden, D-Ore., speaks during a Senate Finance Committee nomination hearing on Feb. 23, 2021.Greg Nash | Pool | ReutersAmericans increasingly favor...

The tax deadline is 10 days away. Here’s the average refund so far

bymuratdeniz | iStock | Getty ImagesThere are 10 days until April 18, the tax deadline for most Americans, and the IRS has already...

Over a third of Americans plan to spend their tax refund right away, mostly to pay bills

Most Americans don't expect their tax refunds to last long.In fact, 1in 3 taxpayers plan to spend their refunds immediately, a new survey...

How to avoid a tax filing rejection if last year’s return is still pending

Drakula & Co. | Moment | Getty ImagesThe IRS is backlogged and still sifting through tens of millions of pending returns, including many...

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