Personal saving
- U.S. News
Credit card debt hit a record $1.21 trillion — here’s why ‘no one should be surprised,’ expert says
Asiavision | E+ | Getty Images Collectively, Americans now owe a record $1.21 trillion on their credit cards, according to…
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Despite recession fears and fueled by ‘revenge spending,’ Americans spend $314 a month on impulse purchases
Pandemic shopping changes boosted impulse buys To be sure, the pandemic has changed the way people spend money. “Consumers abandoned…
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With 87,000 new agents, here’s who the IRS may target for audits
Jeffrey Coolidge | Photodisc | Getty Images As the Democrats’ spending plan moves closer to a House vote, one of…
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These midyear tax strategies can trim next year’s bill from the IRS and reduce ‘unwelcome surprises’
seksan Mongkhonkhamsao | Moment | Getty Images 1. Review tax withholdings When starting a new job, you fill out Form…
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Some experts say a recession is coming. Here’s how to prepare your portfolio
Phonlamaiphoto | Istock | Getty Images Months of stock market volatility, surging inflation and rising interest rates have left many…
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Tax pros ‘very skeptical’ about expanded IRS voice bots for payments plans
Westend61 | Westend61 | Getty Images If you get a tax bill and want help from the IRS to set…
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Amid record inflation, 36% of employees earning $100,000 or more say they are living paycheck to paycheck
South_agency | E+ | Getty Images More than a third of high-earning American workers feel strapped for cash — a…
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Retirement tax breaks benefit higher earners, leaving middle-class savers behind, report finds
Fstop123 | E+ | Getty Images Tax breaks designed to boost retirement savings may primarily benefit higher earners, leaving middle-class…
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Tax professionals ‘horrified’ by IRS decision to destroy data on 30 million filers
courtneyk | E+ | Getty Images An audit by the Treasury Inspector General for Tax Administration revealed the IRS has…
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Here’s why a Roth individual retirement account conversion may pay off in a down market
Morsa Images | E+ | Getty Images Soaring inflation, interest rate hikes and the war in Ukraine have sparked ongoing…
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