5 Things to Know About Your 2023 Taxes
As 2022 draws to a close, tax filing season is just around the corner, but it’s never too early to start planning ahead for the changes coming to tax policies in 2023 and how those will impact your finances. While the changes won’t affect the 2022 taxes due on April 18th, several are important for taxpayers to be aware …
Fox Business

Tax Credit vs. Tax Deduction: What All Homeowners Should Know
Homeownership can offer big tax benefits. And with recent mortgage loans costing more due to higher interest rates, doing everything you can to offset …
Bob Vila

Deflation vs. Disinflation: Which Should Investors Worry About?
Between inflation and fears of a recession, you’re probably paying attention to the economy more closely these days. The Federal Reserve is on a …
Investor Junkie

The Outlook for the Social Security Cap
Workers and employers pay Social Security taxes on income up to an annual cap, also known as maximum taxable earnings. The federal government adjusts …
Investopedia

Financing Home Repairs? Think About These 4 Things First
Spending time at home during the pandemic may have brought a few areas of improvement into sharper focus than ever before. Those creaky stairs and …
Finance Monthly

Minimum Wage is Going Up in 23 States
Over the past year, historically strong wage growth hasn’t kept pace with skyrocketing inflation, leaving millions of low- to middle-income Americans …
USA Today

29% of Adults Anticipate Their Finances Worsening in Coming Year
About 29% of U.S. adults anticipate their personal finances worsening in the coming year, according to a recent survey. The Bankrate.com survey …
Fox Business

What Is Gross Domestic Product (GDP)?
GDP is the total market value of final goods and services produced within a country’s borders during a specified period. Final goods are those …
Money