New Tax Law Allows Deductions on Auto Loan Interest
A new tax law called the "One Big Beautiful Bill Act" was passed by Congress and signed by President Trump on July 4, 2025. This law lets people deduct up to $10,000 per year in car loan interest paid on quali...
Potential New Stimulus Payment Proposed by Trump
In recent news, President Trump has introduced a potential financial boost for millions of Americans by suggesting the idea of sending out rebate checks. This proposal comes at a time when his administration's trade polic...
Understanding Minimum Wages Across the U.S.
In the United States, the rules for minimum wages can vary significantly depending on where a person lives. Although the federal government sets a national minimum wage, states and local governments can create their own laws, e...
Is a High-Yield Savings Account Worth It in 2025? Experts Share Their Insights
High-yield savings accounts have gained popularity over recent years. They provide a safe place to store your money while earning interest that's considerably better than traditional savings ...
How Much Money Should You Save at Every Age?
When it comes to preparing for retirement, setting up a savings plan early on can help you make progress towards your future goals. But you might wonder, how much should I be saving as I get older? According to Fidelity Invest...
Tax Cuts and Stimulus Checks: Over 8 Million Americans to Benefit
Inflation has made life more expensive for many people, but there’s good news for New Yorkers. The governor of New York has announced a new economic plan for 2026. This plan includes tax cuts and sti...
Payments with Extra Boost for Early May Retirees
Good news for retirees in the United States who celebrate their birthdays early in the month! If you were born between the 1st and 10th and began receiving Social Security benefits after May 1997, mark your calendar for May 1...
Are Medical Expenses Tax-Deductible?
Medical bills can be tough to deal with, but they might help save you money at tax time. Some medical expenses are tax-deductible, but there are conditions to meet. You can only deduct medical costs if you choose to itemize deductions on...
$1,312 Stimulus Checks Going Out to Eligible Alaskans
Residents of Alaska have something to look forward to. Some are receiving a $1,312 stimulus check, known as the Permanent Fund Dividend (PFD), this April. While most of these payments were already sent out last Octobe...
Don't Miss Out on Your Tax Refund: How to Stay on the Right Side of the IRS
In the United States, once you start earning money, paying the IRS becomes part of your life. This makes the Tax Season a key period for everyone, including those who receive Social Security checks....