Households are carrying record levels of debt. Balances climbed to $18.04 trillion in the fourth quarter of 2024, according to the Federal Reserve Bank of New York’s Center for Microeconomic Data.

The average rate of return on 401(k) plans is typically 5-8% per year. Learn what impacts returns and how to grow your ...

Free File is a program that allows the majority of taxpayers to file their federal income tax returns for free through ...

Conclusion: Disallowance under Section 14A was invalid due to the absence of exempt income and no material or evidence was submitted by the AO to show that any expenditure had been incurred on the ...

When taxpayers receive their refunds, addressing debt, socking away money in an emergency fund and contributing to retirement are some good avenues for using those funds, experts said.

An IRS offer in compromise can help you settle tax debt for less than you owe, but it's difficult to qualify for.

Puzzled experts aren't sure why the plant-based food industry is shrinking after years of rapid growth. But chef Neil Rankin, once head of a nose-to-tail restaurant and now running a vegan food ...

Death, love and savings With higher outgoings and one income, singles find it more difficult ... you can earn up to £1,000 of interest on your savings each tax year without paying any tax.