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Author: Elisabeth Buchwald, USA TODAY

Money

Use your tax refund or save it? Tax refunds are delayed but plan now to invest or splurge.

April 7, 2022April 8, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Use your tax refund or save it? Tax refunds are delayed but plan now to invest or splurge.

Waiting on your tax refund? Experts say make a plan now. Consider paying off debt, contributing to an IRA, emergency savings or changing W-4 form.

Money

Is the U.S. headed for a recession? This Wall Street bank thinks so.

April 6, 2022April 8, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Is the U.S. headed for a recession? This Wall Street bank thinks so.

The Federal Reserve is prepared to raise interest rates by 50 basis points. And that will trigger a downturn, according to Deutsche Bank.

Money

Self-employed tax deductions: You may qualify for tax write-offs for starting a business

April 4, 2022April 4, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Self-employed tax deductions: You may qualify for tax write-offs for starting a business

Self-employment tax rates are higher than employee rates but you can deduct health insurance costs and other business expenses from your taxes

Money

What Citi’s abortion policy means for companies as Supreme Court considers tighter restrictions

March 24, 2022 Elisabeth Buchwald, USA TODAY Comments Off on What Citi’s abortion policy means for companies as Supreme Court considers tighter restrictions

Citi is the first major bank to announce it is covering the cost associated with getting an abortion outside states like Texas with restrictive laws.

Money

How to survive inflation and save money for a car, home and other big purchases

March 18, 2022March 18, 2022 Elisabeth Buchwald, USA TODAY Comments Off on How to survive inflation and save money for a car, home and other big purchases

If you work on improving your credit score you could save money on a loan

Money

What happens to the stock market when the Fed raises interest rates?

March 16, 2022March 17, 2022 Elisabeth Buchwald, USA TODAY Comments Off on What happens to the stock market when the Fed raises interest rates?

The Fed says its hiking interest rates six more times this year. Stocks tend to do well when rates increase, but war in Ukraine poses major risks

Money

How deductions, exemptions during the 2022 tax season could worsen inflation’s bite

March 16, 2022March 22, 2022 Elisabeth Buchwald, USA TODAY Comments Off on How deductions, exemptions during the 2022 tax season could worsen inflation’s bite

Tax season 2021: With higher inflation comes higher taxes. That’s because certain tax deductions and exemptions aren’t indexed to inflation

Money

It’s not just high gas prices: The price of citrus fruit increased with inflation, CPI report shows

March 11, 2022March 11, 2022 Elisabeth Buchwald, USA TODAY Comments Off on It’s not just high gas prices: The price of citrus fruit increased with inflation, CPI report shows

As gas prices soar, the cost of citrus fruit is growing faster as inflation makes food and services more expensive, according to latest CPI report.

Money

High gas prices are sending stocks lower. Is it time to buy or sell?

March 7, 2022 Elisabeth Buchwald, USA TODAY Comments Off on High gas prices are sending stocks lower. Is it time to buy or sell?

The U.S. is moving toward a ban on Russian oil. Stocks aren’t taking the news well. How your investors cope?

Money

Did you get a sign-on bonus in 2021? You may be eligible for a big tax refund

March 4, 2022March 22, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Did you get a sign-on bonus in 2021? You may be eligible for a big tax refund

New job signing bonuses are often subject to 22% withholding taxes. But if your income tax rate is below that, you could be due for a bigger refund.

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