FatCamera | E+ | Getty Images Working families who struggle to pay for child care may get some relief from 2021 changes to flexible spending accounts. The American Rescue Plan, President Joe Biden‘s $1.9 trillion stimulus package, boosted child-care assistance through temporary changes to dependent-care FSAs. The law increased 2021 dependent-care FSA limits to $10,500
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Last Friday, Oklahoma Governor Kevin Stitt (R) signed House Bills 2960, 2962, and 2963 into law as part of a budget agreement, bringing the legislature’s tax plans across the finish line. These bills will reduce the state’s corporate and individual income tax rates beginning in tax year 2022. House Bill 2960 reduces the corporate income
A “For Rent” sign is posted outside a residential home in Carlsbad, California, on January 18, 2017. Mike Blake | Reuters If you think buying a house has become too expensive, try renting a home or apartment. Fast-rising home prices have investors seeing dollar signs, and renters digging deeper into their wallets. Rents for apartments
Two Attractive Stocks to Grab Investor’s Attention
With the global economy reopening, the retailers are poised to cash in.
In this article JWN A pedestrian and cyclist wear facemasks outside a branch of department store chain Nordstrom in Santa Monica, California on May 11, 2020. Frederic J. Brown | AFP | Getty Images Nordstrom reported Tuesday better-than-expected first-quarter sales, as shoppers showed up to its stores again to buy new shoes, sunglasses and swimwear
While she’s encouraged by the economic progress, San Francisco Federal Reserve President Mary Daly told CNBC on Tuesday that it’s still not time to change policy. “We haven’t seen substantial further progress just yet. We’re still looking for substantial further progress,” Daly said during a live “Closing Bell” interview. “What we’ve seen is some really
Stock market krisanapong detraphiphat | Moment | Getty Images Do you believe you are, or can be, a successful day trader, buying and selling stocks on a regular basis? Do you believe that you, or anyone you know, can successfully time the market, going in and out of the market, and consistently make profits?
Kim Churches Courtesy of American Association of University Women It’s a statistic that prompts a double-take: Women owe two-thirds of the country’s $1.7 trillion outstanding student loan balance. On average, women borrow more than $31,000 to finance their education. Black women take out more than $41,000. Men, meanwhile, borrow around $29,000. But those differences are
Cora and Stefan Miller started a hair care company after they had their son, Kade, and struggled to find hair products for him. Young King Hair Care is now sold by Walmart and Target. When Cora Miller had her son, she discovered the baby had a full head of hair — and found few products
With Covid encouraging city dwellers to move to the suburbs and families looking for home offices and bigger yards, prices for the American dream home have skyrocketed. Home prices surged in March, up 13.2% from the year prior, according to the S&P CoreLogic Case-Shiller National Home Price Index. “Everybody expected housing to really sort of
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A United Airlines Holdings Inc. employee helps a traveler at a ticket counter for Hawaii at San Francisco International Airport (SFO) in San Francisco, California, U.S., on Thursday, Oct. 15, 2020. David Paul Morris | Bloomberg | Getty Images Summer vacations continue to get more expensive as travelers return after a more than yearlong pandemic
Take a look at some of the biggest movers in the premarket: Lordstown Motors (RIDE) – Lordstown tumbled 13.7% in premarket trading after the electric vehicle startup said it needed to raise capital to fund operations and that its production this year would be, at best, 50% of prior projections. Canopy Growth (CGC) – The
Chris Ratcliffe/Bloomberg via Getty Images Crypto investors may be shell-shocked by a recent plunge in prices. But that sell-off has a silver lining: It opens the door to a money-saving tax strategy. Popular cryptocurrencies like bitcoin and ethereum shed more than half their value in volatile trading over the past month or so. A bitcoin
Refuge of a scoundrel; elder care and hockey tickets; on the flyer; and other highlights of recent tax cases. Grand Rapids, Mich.: Preparer Faheem Olugbodi, a.k.a. Faheem Abdul Nichols and James Moore, 48, was sentenced to 42 months in federal prison after pleading guilty to preparing fraudulent returns from 2011 through 2013. Olugbodi admitted collecting
We highlight four ETFs that are benefitting from increasing adoption of automation & AI
A patient receives oxygen while she waits outside a hospital in Kathmandu, Nepal on May 13, 2021. Government hospitals in the country lack beds for Covid-19 patients. Sunil Pradhan | Anadolu Agency | Getty Images India is currently at the epicenter of the global coronavirus pandemic — but it is not the only country with