Retirement should be a time to relax and enjoy the fruits of your labor, yet many retirees unknowingly engage in habits that could land them in legal trouble. While most people understand the basics ...

In a letter to the IRS and Treasury, the AICPA said enrolling children by default “would promote equitable access, reduce procedural barriers, and strengthen the intended reach of the program.” ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

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The new senior tax deduction ushered in by the 'Big, Beautiful Bill' is worth up to $6,000 per qualified filer.

Odds of early Warsh-led Fed rate cuts slide with bullish outlook Federal Reserve chair nominee Kevin Warsh's path to out-of-the-gate interest rate cuts in alignment with President Donald Trump's ...

Teachers can benefit from the educator expense deduction, allowing up to $250 off taxable income for specific expenses. Learn about the deduction’s benefits and rules.

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