Super rich people may avoid paying more than $160 billion in taxes every year, the Treasury says. Here are some strategies they use to do that.
Author: Medora Lee, USA TODAY
Is there a federal inheritance tax? How much inherited money is taxed state-by-state.
Inheritance taxes are rare and can surprise you after a loved one dies. Here’s what to know about how they work, who pays them, and how to avoid them.
You may score bigger President’s Day deals in 2023. Here’s why — and where the biggest sales are.
President’s Day sales will generally be better than last year as retailers try to entice budget-squeezed shoppers to buy up their still bloated stock.
Stubborn inflation is worrying economists as new numbers reveal hotter-than-expected price data
Hotter-than-expected producer and consumer price reports are making some economists uneasy and prompting them to raise their interest rate forecasts.
Working from home? Only few can file home office tax deductions. Here’s how it works.
Working from home is convenient but costly for wage workers. Only self-employed people can take the home office deductions. Here’s how it works.
Can food cure high medical bills? Pilot ‘food as medicine’ programs aim to prove just that.
More states plan to use Medicaid to fund ‘food as medicine’ programs in a bid to keep people healthy and cut health care costs. Here’s how it works.
Is it better to itemize or take standard deduction? Learn what’s better when filing taxes.
Most take the standard tax deduction, but itemizing may work out better for you. Here’s what to know, plus some overlooked deductions and credits.
What’s an FSA, HSA, 529? How they work and how to use them to cut taxes, build wealth.
FSAs, HSAs and 529s: How these savings plans can help cut your tax bill, pay health and education expenses, and maybe even grow your wealth.
How long should you wait before filing taxes? Surprise! Later can sometimes be better
Everyone says file your taxes early, but accountants say there may be times it’s better to wait. Here are some of those times.
Car prices may fall this year, but auto insurance will cost more. Here’s why.
The cost of auto insurance is taking a larger slice of people’s income, and experts say that’s unlikely to change any time soon. Here’s why.