KEY TAKEAWAYS The Federal Reserve kept interest rates higher than usual in 2024, making savings accounts more profitable and, ...

KEY TAKEAWAYS Interest rates are expected to be held at higher-than-usual levels this year, making high-yield savings ...

The Trump administration's list of tax priorities includes eliminating a loophole that benefits private equity firms, hedge ...

Rising interest rates have been a double-edged sword. While they’ve been tough on borrowers, savers have seen a significant ...

President Donald Trump met with Republican lawmakers to discuss budget priorities, proposing to end carried interest. On the ...

As tax season rolls around, you may have a number of questions on your mind — including whether your mortgage interest is tax deductible in 2025. The short answer is yes, but whether or not ...

But that interest comes at a price. Generally, the IRS requires you to pay federal taxes on any savings account interest you earn in a given year, regardless of whether it’s $1 or $100.

Savers have been reminded that they could get an unexpected bill from HM Revenue and Customs (HMRC) due to interest earned - ...

It’s a new presidential administration—and a new attempt is underfoot to go after carried interest taxes, the preferential tax rate that benefits venture capital, private equity and hedge-fund ...

Tax season is just around the corner and many people are already planning how to spend their refund. Much of this planned spending will be for current expenses and overdue bills. According to ...