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When You Need to Pay Taxes on Social Security 02/20/2024 07:00pm • While Social Security benefits are designed to provide a safety net, they are not always tax-free. Knowing whether you'll owe taxes on the benefits you receive is important as you budget for retirement. To determine if your Social Security benefit is taxable, you'll first want to know how much incom What Is a Good Monthly Retirement Income? 02/20/2024 07:00pm • Retirement means leaving behind the security of a regular paycheck and instead relying on savings or other sources of income to pay the bills. That can be a scary proposition for some. "I tell people, why don't you do a trial run on it?" said Barbara A. Pietrangelo, a certified financial planner at 7 National and Economic Issues That Could Affect Your Financial Well-Being 02/20/2024 07:00pm • On a micro level, you can directly control many personal finance decisions. For example, you can become a savvy shopper to locate the lowest price on what you want, and develop a budget that fits your lifestyle and income parameters. By making conscious borrowing choices, you can avoid consumer debt What Investors Should Know About the Capital One-Discover Deal 02/20/2024 07:00pm • On Monday, Capital One Financial Corp. (ticker: COF) announced plans to acquire Discover Financial Services (DFS) in an all-stock deal valued at $35.3 billion. Capital One and Discover are two of the largest U.S. credit card companies, and the combined company would potentially serve as a formidable The Fastest Way to Get Your Tax Refund in 2024 02/20/2024 07:00pm • The IRS finally made it through a backlog of tax returns caused by COVID 19-related delays. The agency had a backlog of about 17 million paper-filed Form 1040 tax returns at the close of the 2021 tax-filing season, but by the end of 2023 that backlog was virtually eliminated, according to the Nation What to Know About Buying a House When You're 60 and Older 02/20/2024 07:00pm • If you're over 60 and buying a house, you may second-guess making such a commitment. Whether it's your first home or your 10th, unless you're buying the house with cash, you'll probably take on a 15- or 30-year mortgage, and a good chunk of your retirement budget will be monthly house payments. You Unions oppose plan to move NBA, NHL teams to northern Virginia, another blow to Youngkin-backed deal 02/20/2024 06:30pm • RICHMOND, Va. (AP) — Influential labor groups announced Tuesday they are opposing efforts to move two professional sports franchises from the nation's capital to northern Virginia, citing in part an apparent inability to reach a satisfactory deal for union workers on the construction projects. The Republican dissenters sink a GOP 'flat' tax plan in Kansas by upholding the governor's veto 02/20/2024 06:28pm • TOPEKA, Kan. (AP) — A Republican plan to cut taxes in Kansas died Tuesday in the GOP-controlled Legislature when enough members concluded that it would favor wealthy taxpayers too much and upheld the Democratic governor's veto. The vote in the state House was 81-42, leaving GOP leaders three votes U.S. casinos won $66.5B in 2023, their best year ever as gamblers showed no economic fear 02/20/2024 06:17pm • ATLANTIC CITY, N.J. (AP) — America's commercial casinos won $66.5 billion from gamblers in 2023, the industry's best year ever, according to figures released by its national trade association Tuesday. The American Gaming Association said that total was 10% higher than in 2022, which itself was a r Republican Eric Hovde seeks to unseat Democrat Baldwin in Wisconsin race for US Senate 02/20/2024 06:14pm • MADISON, Wis. (AP) — Republican businessman and real estate mogul Eric Hovde launched his bid for the U.S. Senate against Wisconsin Democratic incumbent Sen. Tammy Baldwin on Tuesday, calling for bipartisan solutions to bolster the middle class and to tackle immigration and national security. “W Attorneys for Georgia slave descendants urge judge not to throw out their lawsuit over island zoning 02/20/2024 01:46pm • SAVANNAH, Ga. (AP) — Attorneys suing a Georgia county over zoning changes that they say threaten one of the South's last Gullah-Geechee communities of Black slave descendants asked a judge Tuesday to let them correct technical problems with their civil complaint to avoid having it dismissed. A law Editorial Roundup: United States 02/20/2024 01:26pm • Excerpts from recent editorials in the United States and abroad: Feb. 17 The Washington Post on suicides in federal prisons Convicted sex offender Jeffrey Epstein’s suicide and mob boss Whitey Bulger’s murder both made headlines as shocking failures of the federal prison system. But the shortcom A high cost of living and lack of a pension strain teachers in Alaska. Would bonuses help keep them? 02/19/2024 08:50pm • JUNEAU, Alaska (AP) — Cory Hughes moved to a remote Alaska village to teach and would happily stay and retire there if he could afford to — despite the dark winters and the fact the bathroom for his housing unit in the school’s kindergarten building has a sink that comes to his knees. But Alas IRS Offer in Compromise: Everything You Need to Know 02/19/2024 07:00pm • If you've found yourself in debt to Uncle Sam, there are many ways to pay what you owe, including working out an installment payment plan with the IRS. What you might not know is that you could also potentially qualify for what is known as an IRS offer in compromise -- a program that allows you to s How to File Taxes for Free 02/19/2024 07:00pm • The start of a new year also means the start of a new tax season. If you're looking to minimize the cost of filing this year, you're in the right place. Many programs and companies offer free filing services. That said, your tax situation needs to be pretty simple to qualify. Here's a closer look at