Personal Finance

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Latest Personal Finance News

How Capital Gains Tax on Home Sales Works

If you sell your home for a profit, the IRS considers this a taxable capital gain. This rule applies to…

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Why are credit card APRs so high?

The annual percentage rate (APR) on a credit card is the total cost of the credit to you. The periodic interest rate…

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What to do when a CD matures

Our writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them…

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Beyond ChatGPT: Scaling Business With Enterprise AI

As investors and corporate boards assess the situation nearly two years into the AI revolution, it’s becoming clear that playtime…

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Lights, Camera, Credits: The State Of Film Tax Incentives

In this episode of Tax Notes Talk, George Ford with the Phoenix Center for Advanced Legal and Public Policy Studies…

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25 Million Borrowers Will Get Student Loan Forgiveness Update Emails This Week As Biden Takes Next Debt Relief Step

The Biden administration is taking a significant step this week in preparing borrowers for the rollout of a major new…

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We’re 66 With $715k in 401(k)s and $2,700 Social Security Between Us. What’s Our Retirement Budget?

Making a retirement budget calls for considering not only income but also expenses. With $2,700 monthly from Social Security and…

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What Are the Tax Consequences of Inheriting a CD?

If you inherit or plan to bequeath a certificate of deposit (CD) as part of your estate, there may be…

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What do the 3 credit bureaus do?

Key takeaways The three major credit bureaus are Equifax, Experian and TransUnion. The credit bureaus manage records on your accounts,…

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3 ways to take advantage of high CD rates

Key takeaways CD rates are the highest they’ve been in years due to the Federal Reserve’s continued fight against inflation,…

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