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
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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.
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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.
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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.
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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
Is a Recession Coming? Big Banks Offer Mixed Signals on the Economy
Large banks issued a warning about an "uncertain" year due to the first quarter's uneven financial performance, persistently rising inflation, and geopolitical conflicts in the Middle East, Europe, and other regions.
Apr 13, 2024 6:14 AM EDT
Buy Gold Bars at Costco? Why Guns, Gold, and Hard Assets Go Viral
The numbers show that when the going gets tough, Americans get to buying guns and gold. Signs of this gold rush might even be found amongst something as commonplace and red, white, and blue as Costco's floor-to-ceiling pallets of bulk household products and its $1.50 hotdog line. But the gold's origins are not so red, white, and blue.
Apr 12, 2024 2:28 PM EDT
Kaspa Coin Price Prediction 2025: Is a 100X Surge on the Horizon?
After its monumental ascent on Binance Futures in late 2023, boasting an eye-popping increase of 81,654% since its inception, the financial community has been abuzz with speculation. What's the secret sauce behind Kaspa, and what could the future hold for this burgeoning cryptocurrency? Let's dive into the Kaspa Coin Price Prediction for 2024 and 2025.
Apr 12, 2024 2:15 PM EDT
Hong Kong's Big Move: Bitcoin and Ethereum ETFs on the Horizon
This news, sourced from Bloomberg and buoyed by insiders "familiar with the matter," signals a remarkable step forward for cryptocurrency's integration into mainstream finance, especially within the Asian markets. Among the frontrunners poised to pioneer these ETFs are notable entities such as Harvest Fund Management, Bosera Asset Management, and HashKey-each a heavyweight in their own right.
Apr 12, 2024 2:05 PM EDT