Category Personal Finance

Tesla’s stock surged 22% on Thursday, its biggest single-day gain since 2013, closing at $260.48. This impressive leap followed the company’s better-than-expected earnings report, which energized investors and surprised many analysts. Earnings Report Highlights Tesla reported $25.18 billion in revenue…

In the ongoing debate over U.S. tax policy, the proposals from Vice President Kamala Harris and Republican nominee Donald Trump couldn’t be more different. According to a new analysis from the Institute on Taxation and Economic Policy (ITEP), Harris’s tax…

Navigating Social Security can feel overwhelming, especially when it comes to maximizing benefits. A revealing study by the National Bureau of Economic Research (NBER) in 2022 shed light on a surprising trend: most Americans may be leaving substantial money on…

Since the passage of former President Donald Trump’s 2017 tax law, a striking trend has emerged among the nation’s largest corporations. According to a recent analysis by the progressive watchdog group Accountable.US, the 15 largest beneficiaries of this tax reform…

Exciting news for many Americans: checks worth thousands of dollars could soon be sent out, thanks to the Internal Revenue Service’s (IRS) new inflation adjustment rule. These adjustments are set to impact tax filings for the 2025 tax year, with…

If you’re worried about the future of Social Security, you’re not alone—many Americans share that concern. In fact, a 2024 Gallup poll revealed that 87% of U.S. adults are concerned about the program’s stability, with 43% admitting they worry a…

Today marks the final Social Security payment for October for beneficiaries whose birthdays fall after the 20th. These payments are part of a structured schedule, which considers birthdate and the type of benefits each individual receives. While the timing of…

The IRS has just announced the annual inflation adjustments for 2025, bringing changes to a variety of tax provisions, including employer-sponsored health flexible spending plans, commonly known as cafeteria plans. These updates will impact taxpayers for the 2026 filing season…

If you’re a Supplemental Security Income (SSI) recipient, you might notice something unusual next month: an extra SSI payment is scheduled for November. While this may seem confusing at first, it’s actually a simple quirk in the Social Security Administration…

If elected for a second term in the White House, Donald Trump’s proposed policies could result in tax cuts for over 90 million Americans, according to a recent economic estimate from CNBC. However, financial experts are expressing concern about the…