Tax & Finance
The major coronavirus relief bill passed by Congress in March included provisions to allow Americans affected by the crisis special dispensation to withdraw from their retirement accounts, including...
1 month ago
The nationwide effort to contain the spread of COVID-19 has taken a considerable economic toll. In recent weeks, travel has all but ground to a halt, and nonessential businesses have shuttered,...
1 month ago
Because of the disruption caused by COVID-19, the IRS has extended the deadline for filing individual tax returns from April 15 to July 15. U.S. states have followed suit, with the majority moving...
1 month ago
For most people, achieving a comfortable retirement is a tricky business. The past few weeks have added to the challenges as the world has changed as much as in any period since WWII. The world is...
1 month ago
The coronavirus pandemic has thrust the shortcomings of America’s health care system into the spotlight once again. The United States has one of the costliest health care systems in the world, and...
2 months ago
Last Updated: 2 months ago
In mid-February 2020, the Dow Jones Industrial Average reached nearly 30,000 points, the highest level in its more than 100 year history. And then, the severity and scale of the COVID-19 pandemic...
2 months ago
Last Updated: 2 months ago
Individual income taxes are the largest source of income for the federal government, accounting for 48% of federal tax revenue. Income taxes are similarly important to the vast majority of state...
2 months ago
Last Updated: 2 months ago
Individual income taxes are the largest source of income for the federal government, accounting for 48% of federal tax revenue. Income taxes are similarly important to the vast majority of state...
2 months ago
Last Updated: 2 months ago
Property tax regularly ranks among the least popular forms of taxation in the United States. Though property taxes can be set by local authorities such as cities, counties, and school boards, states...
3 months ago
Last Updated: 2 months ago
With Tax Day — April 15, 2020 — drawing ever closer, Americans from all corners of the country will be completing and submitting their 1040 forms to the Internal Revenue Service in the...
3 months ago
Last Updated: 2 months ago
With Tax Day — April 15, 2020 — drawing ever closer, Americans from all corners of the country will be completing and submitting their 1040 forms to the Internal Revenue Service in the...
3 months ago
Last Updated: 2 months ago
How much Americans pay at the pump depends on several factors — primarily, the price of crude oil, which is determined in large part by global supply and demand. Other variables affecting the...
4 months ago
Last Updated: 3 months ago
Wealthier Americans tend to pay a smaller share of their income in state and local taxes than lower-income Americans. According to a 2018 report released by The Institute on Taxation and Economic...
4 months ago
Last Updated: 3 months ago
Several surveys have identified property taxes as the most hated form of taxation in the United States. Unpopular though they may be, property taxes — taxes on personal property like homes and...
4 months ago
Last Updated: 2 months ago
As American author Ambrose Bierce famously wrote, the lottery is “a tax on people who are bad at math.” Indeed, the odds of winning big in games like Powerball or Mega Millions are about...
6 months ago
Last Updated: 4 months ago