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There were 561 bank failures from 2001 through 2022, according to data from the FDIC. → Read More
With the House of Representatives under Republican control, Biden’s proposals to tax the rich are unlikely to become law anytime soon. → Read More
A new survey catching up with people who started brokerage accounts in 2020 said three-quarters of them are still maintaining their accounts. → Read More
On Friday, some workers might have read a nice email from their boss or received a surprise gift. But is that enough? → Read More
'Their financial situation will be even worse because once you default, the hardship on you is exponentially greater,' said Justice Sonia Sotomayor. → Read More
Eli Lilly & Co. said Wednesday it's capping out-of-pocket insulin costs at $35 → Read More
Early numbers from the IRS on this year's filing season show refunds will be lower. → Read More
'At Berkshire we hope and expect to pay much more in taxes during the next decade,' Buffett said in his annual shareholder letter. → Read More
The IRS has offered guidance for residents of the 21 states that made direct payments to help people keep up with rising costs. → Read More
Credit-card debt totaling $986 billion in the fourth quarter has surpassed the prepandemic high of $927 billion, New York Fed researchers said. → Read More
Danny Werfel, the Biden administration’s pick for IRS commissioner, appeared before the Senate Finance Committee for a confirmation hearing today. → Read More
Artificial Intelligence is hot now. So are questions about the strength of the job market. → Read More
The IRS is not going to tax payments from most of the states that cut checks to residents last year in order to help them defray rising living costs. → Read More
Super Bowl betting could break records as more states allow legal sports wagering. → Read More
Approximately 20 states authorized one-time payments to residents in the face of high inflation. → Read More
'Can somebody count part of the mortgage as a deduction? What about utilities and cable?' a reader asks. → Read More
'Black taxpayers are audited at 2.9 to 4.7 times the rate of non-Black taxpayers,' researchers from Stanford University and the Treasury Department say. → Read More
Two thirds of households received income-tax refunds last year, IRS statistics show. → Read More
The 'Notice to Air Missions systems' suffered an overnight outage, the FAA said → Read More
Approximately 30 million workers are bound by the clauses, according to the FTC. → Read More