Scams targeting U.S. smartphone users have reportedly surged, with impersonators posing as federal officials demanding payments. The FBI has warned that criminals have used phone spoofing and false claims, such as frozen Social Security numbers. Read more
When a disaster strikes, you’re thinking about the safety of yourself and your loved ones, sometimes followed by the daunting task of rebuilding your home. Taxes are likely the furthest thing from your mind. But when the dust settles, the government does offer some tax assistance for disaster victims in the form of a casualty…
For seniors aged 65 or older, you might owe less in taxes when you file next year. A new senior tax break Trump’s new tax bill, the One Big Beautiful Bill (OBBB), offers an additional $6,000 standard deduction to Americans aged 65 and older. Read more
A sneak peak of the 68 jobs that will qualify for President Donald Trump’s “No Tax on Tips” pledge contains gaming occupations that are big in Nevada, including casino dealers, change persons and cage workers, plus sports book writers and runners. Read more
A Los Angeles County man was facing federal charges for allegedly running a tax refund scheme in which he sought more than $700 million in fraudulent refunds and caused a tax loss to the Internal Revenue Service of nearly $13 million, the U.S. Department of Justice announced Tuesday. Read more
Many gig workers, freelancers and small business owners don’t make their quarterly estimated tax payments, resulting in IRS penalties and interest. With the third-quarter deadline on Sept. 15 approaching, now’s the time to get ahead. Read more
Earning a six-figure salary is a milestone for many workers — but take-home pay can vary by thousands of dollars depending on where you live. Read more
In recent years, mortgages have become a significant financial tool for many Americans aspiring to own a home. While this facility has opened doors for numerous individuals, not everyone can access it. Once a mortgage is approved, it comes with the responsibility of a monthly payment, necessitating a stable income. However, challenges arise when certain…
Effective for the 2025 tax year (and set to expire after 2028), the recent “One Big Beautiful Bill Act” (“OBBBA”) enacted a new $6,000 deduction for seniors aged 65 or older. This is in addition to the existing standard deduction and the extra standard deduction available to individuals in this age group. For married couples…
A wave of state tax changes took effect on July 1, and depending on where you live, they could impact your monthly finances. From fuel and income tax adjustments to new sales tax exemptions and updates to the SALT deduction, these changes may affect everything from your take-home pay to the price you pay at…
