IRS launches its free-filing pilot program in 12 US states
With tax season kicking off Monday, the IRS is rolling out a new online option for filing your 2023 returns. Here's how it works.
Gas prices remain stagnant as demand drops: AAA
Although prices are lower than they were last year at this time, they remain steady month over month.
Study: Gen Z, millennials are ‘obsessed’ with idea of being rich
The study found that nearly 60% of millennials said they feel behind financially, likely contributing to feelings of financial inadequacy.
Biden cancels another $5 billion in student loan forgiveness – Here's who is impacted
The Biden Administration announced an additional $5 billion in student loan forgiveness that impacts borrowers using the income-driven repayment (IDR) and Public Service Loan Forgiveness (PSLF) plans.
When will the IRS send out tax refunds
The IRS says most taxpayers should expect their refund within 21 days of filing but it could take longer for some.
Here are the US states where you’ll pay less individual income tax in 2024
Several U.S. states are lowering individual income tax rates this year, meaning more financial relief for American taxpayers.
Social Security is coming for a bigger chunk of your paycheck
The portion of personal income subject to the Social Security tax has increased to $168,600 this year from $160,200 in 2023.
Read this before you sign up for a college credit card
Signing up for financial products your college is offering can sometimes be the worst deal, a recent CFPB report said.
Number of electric vehicles that qualify for new electric vehicle tax credit drops to 13
Only 13 electric vehicle models qualify for the full $7,500 credit, with Tesla and GM seeing the biggest hit.
'Loud budgeting' goes viral: What to know about this hot money trend
Members of Gen Z are shocked by high cost of everything — and are making some notable adjustments.
TurboTax maker Intuit barred from advertising 'free' tax services
The FCT says Intuit engaged in deceptive practices by running ads that claimed consumers could file their taxes for free using TurboTax though many people did not qualify for such free offerings.
Financial literacy: Arizona leaders mull adding new course requirement for high school students
Arizona state leaders are deciding if students should be taught about credit card and savings accounts before they graduate from high school.
Arizona treasurer wants high school finance class
High school students in Arizona are falling behind in an important life skill, according to the state treasurer. Finances. FOX 10's Steve Nielsen has more on a major push at the board of education to add a required course to every high school in the state.
Your significant other expects you to spend over $100 on Valentine's Day
Americans in relationships believe their partners expect them to spend an average of $157.52 on gifts this Valentine's Day, according to a recent Trustpilot survey.
New car purchases are on the rise, but there are insurance implications
Consumers are buying new vehicles more often with sales increasing by over 13% in 2023.
Gas prices climb higher as arctic winter weather impacts production: AAA
The national average cost for a gallon of gas increased by two cents from last week to $3.09, according to AAA.
Biden just shortened the timeline to student loan forgiveness for these borrowers
Borrowers already enrolled in SAVE who initially took out $12,000 or less for college may have their loans forgiven soon.
New Biden administration proposal aims to drop overdraft fees to as little as $3
The cost to overdraw a bank account could drop to as little as $3 under a proposal announced by the White House, the latest move by the Biden administration to combat fees it says pose an unnecessary burden on American consumers, particularly those living paycheck to paycheck.
73 percent of Americans still haven’t bounced back financially from the COVID-19 pandemic
Americans struggle to meet basic costs, with 73% reporting they haven't yet recovered financially from the fallout of COVID-19.
Child tax credit expansion part of bipartisan $78B deal proposed in Congress
In a bipartisan effort, senior Congress lawmakers have unveiled a $78 billion tax deal aimed at expanding child tax credits and providing tax breaks for businesses.