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Bizarre Tax Deductions You Might Actually Claim

While many tax deductions are well-known, such those for business supplies and charity contributions, some are less well-known. Here's a look at how tax deductions operate and three that you might find surprising as tax season approaches.

Apr 16, 2024 6:04 AM EDT


Inflation Hedge or Hype? Weighing the Pros and Cons of Owning Gold

Many were dismayed by a study released last week that showed inflation was increasing month over month, but it also highlighted how important it is to have a diverse portfolio. With one, investors can more effectively counteract the negative effects of rising interest rates intended to control inflation. Using gold and silver to diversify is also a good strategy.

Apr 16, 2024 5:42 AM EDT


Hot Housing Market Cooling? Sell Now, But Prepare for Price Negotiation

The ideal time to sell for homeowners planning to sell this year is still in the spring, but you might want to modify your expectations.

Apr 16, 2024 2:49 AM EDT


Spenders Stay Strong: Rising Prices Don't Deter Shoppers, Should You Be Worried?

In March, Americans increased their spending faster than anticipated, demonstrating resiliency in the face of inflationary pressures and other economic difficulties.

Apr 16, 2024 12:56 AM EDT


Ethereum ETFs: A Coin Toss for May Approval According to JPMorgan

In the ever-evolving world of cryptocurrencies, the spotlight often shifts rapidly between the myriad of options available to investors. However, Ethereum has consistently held its ground as a cornerstone of the crypto market. Recently, JPMorgan issued a statement that has the crypto community on the edge of their seats:

Apr 15, 2024 12:54 PM EDT


Hong Kong's Historic Move: Bitcoin and Ethereum ETFs Get the Green Light

In an electrifying update that's set to reverberate through the corridors of the global financial markets, Hong Kong has officially given the nod to Bitcoin and Ethereum Exchange-Traded Funds (ETFs). This pivotal "Hong Kong bitcoin etf approval date" marks a significant milestone not just for the city but for the cryptocurrency landscape at large.

Apr 15, 2024 12:37 PM EDT


Bucket List Spending Soars, But are We Getting Our Money's Worth?

Consumers are spending more money on experiences rather than goods. There is increased demand for concert tickets, sports event tickets, and museum exhibitions in addition to a post-pandemic spike in tourism.

Apr 15, 2024 10:49 AM EDT


Are You Eligible? A Look at the EITC for Low- and Moderate-Income Workers

The earned income tax credit, or EITC, is not available to you if your income is too high to qualify for it. You may be able to receive a sizable tax relief if you qualify.

Apr 15, 2024 6:57 AM EDT


Love and Taxes: Should You File Jointly After Getting Married?

Now that tax season has officially ended, it's never too early to start making plans for the next year. One thing you and your partner might want to consider is if you should file taxes jointly or individually.

Apr 15, 2024 5:13 AM EDT


Investor Anxiety Peaks as Bitcoin and Altcoins Dive Amid Middle East Unrest

In the midst of an unprecedented Iranian drone and missile strike on Israel overnight on Saturday, the bitcoin market saw significant selling.

Apr 15, 2024 4:24 AM EDT


Good News for Californians? In-N-Out Promises to Fight Minimum Wage Price Hikes

Lynsi Snyder, president of In-N-Out, has pledged to maintain current rates at the beloved burger joint on the West Coast.

Apr 13, 2024 9:50 AM EDT


Tax Time Trouble: Viral TikTok Advice Could Cost You Big Money

TikTok creators are sharing filing advice as tax day draws near, including advice on what sorts of items to deduct. However, financial experts advise against taking the advice that seems to be spreading on social media platforms since it may not be sound.

Apr 13, 2024 9:00 AM EDT