Author: Elisabeth Buchwald, USA TODAY

What triggers an IRS tax audit? Make sure to correctly report your income from a W-2 or similar tax form. If you don’t it may trigger an audit.

The Conference Board’s consumer confidence index fell in February. Inflation is causing consumers to pull back on spending raising odds of a recession

Is the Dow open on Presidents’ Day? The stock market and bond market will be closed on Monday. But markets reopen at their usual times on Tuesday.

Your 1099 tax form is crucial to filing your taxes. This week, Robinhood and other brokerage firms released the tax documents you’ll need.

New York Fed report founds credit card debt is growing after a rapid decline during the pandemic. Credit scores could start to decline.

January’s inflation report showed a continued decline from prior months. Investors are hopeful it will prompt the Fed to pause rate hikes.

There are plenty of free tax prep services for seniors and low-income taxpayers. These programs include IRS Free File, VITA and TCE.

Employers added 517,000 jobs in January, according to nonfarm payrolls figures. Unemployment fell to 3.4%, a 54-year low, jobs report shows.

Crypto losses can be deducted from your taxes or income at up $3,000 a year. But you can carry the losses forward in future tax years.