Doing your taxes isn't fun, but many of us are rewarded with a refund when we finish. It can be pretty substantial, too. The average 2020 tax refund was $2,827, and some people got even more. If you need money this year, your 2021 tax refund...
It's a good goal to retire with your mortgage paid off so you don't have mortgage payments hanging over your head while you're on a more fixed income in retirement. It can also be very helpful to not have your Social Security benefits taxed.Fully 37...
Related topics: Social Security, Mortgages
Ireland was not a story of overbuilding caused by laissez-faire policy, or an experience that defied standard economics. Ireland built very few ghost towns – housing excesses, where they occurred, were a product of government tax policy, rather...
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Boris Johnson's main problem is not the "Partygate" scandal but the growing costs of living and increasing taxation, deems Robert Oulds, director of the think tank Bruges Group, suggesting that Labour's recent lead may be temporary.
Conservatives in Congress face a false choice: Extend unwarranted tax breaks to a few politically favored entities or allow the federal government to collect even more taxes to feed more reckless government spending. From that lens, it’s...
The "highly unusual" move by the Republican National Committee to pay $1.6 million in Donald Trump's legal bills has personal tax implications for the former, a watchdog group argued on Friday.
"Citizens for Responsibility and Ethics in Washington...
Related topics: Donald Trump
Addressing climate change is a massive and daunting challenge. But many economists say gradually increasing taxes on emissions would significantly reduce the amount of greenhouse gas spewed into the air at the lowest economic cost.
The Minnesota Legislature did something nice for a batch of state businesses during the 2021 session: passing a law that could save them hundreds of millions of dollars in federal income taxes.
The change was all the more attractive to lawmakers...
Huntington Bancshares Incorporated HBAN has reported fourth-quarter 2021 adjusted earnings per share of 36 cents, missing the Zacks Consensus Estimate of 37 cents. This excluded certain after-tax notable items.Results were affected by $177 million...
Related topics: Earnings Per Share
Sen. Elizabeth Warren and Tesla CEO Elon Musk.Patrick Semansky-Pool/Getty/Patrick Pleul/picture alliance via Getty Images
Sen. Elizabeth Warren spoke to tech journalist Kara Swisher about her spat with Elon Musk.
Musk called Warren "Senator...
Related topics: Tesla
Contributing to your IRA helps you be better prepared for your future, and if you're using a traditional IRA, you can also score a tax break today. Most of the time, making an IRA contribution is pretty straightforward, but right now, it's a little...
Stephen Silver
IRS, United States
The ID.me verification features will be in effect for different portals operated by the IRS, including the Child Tax Credit Update Portal.
The IRS announced in November 2021 that it will launch a new online...
Related topics: IRS
Americans are gradually returning to the nation’s roadways, after the pandemic had suppressed travel. Gas prices have followed suit. Drivers now pay an average of $3.31 per gallon, according to AAA,...
The West Virginia Democrat once again refused to say whether he would support a child tax credit extension.
Stephen Silver
Child Tax Credit,
The key portion of Biden's domestic agenda will have to make it past Sen. Joe Manchin.
The expanded child tax credit, a key part of President Joe Biden’s domestic agenda, provided most American families with...
Related topics: Joe Biden
European Union environment ministers gathered in France Thursday to mulls climate policy and the merits of a carbon border tax, while airing differences on whether nuclear energy can be classified as "green".
Related topics: France
The wealthy authors of the open letter to the WEF event postulated that “history paints a pretty bleak picture of what the endgame of extremely unequal societies looks like."
North Sea producer’s performance comes as UK Labour party and green groups call for windfall tax
Related topics: United Kingdom
Fifth Third Bancorp FITB has reported fourth-quarter 2021 earnings (excluding after-tax impacts of certain items) of 93 cents per share, beating the Zacks Consensus Estimate of 91 cents. Including the impact of these items, earnings per share...
Related topics: Earnings Per Share, Bancorp
The change will affect users of the IRS' online tax payment services.damircudic/Getty Images
The IRS will require users of its online portal to create an ID.me account from summer 2022.
ID.me is a digital identification company that requires...
Related topics: IRS, Selfies