Personal Finance

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Latest Personal Finance News

Biden’s Capital Gains Proposal: Unfair To Lifetime Entrepreneurs?

Biden’s new capital gains proposal aims to tax the rich, but really, it may unfairly penalize lifelong entrepreneurs and ordinary…

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Private Student Loan Forgiveness Application Is Now Available, But Few Are Aware

Borrowers with privately-owned school debt have a new option for student loan forgiveness. A major national private student loan lender…

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How to get a $100,000 personal loan

It’s relatively simple to find personal loans $10,000, $25,000 or even $50,000 with reasonable interest rates. However, getting a $100,000…

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Best savings accounts for new college grads

School’s out, and 2024 college graduates are starting out in the professional workplace — or are close to it. Among…

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I Want to Convert $865k to a Roth IRA. How Do I Avoid Paying Taxes?

Converting a large sum like $865,000 to a Roth IRA is a strategic move for long-term tax benefits – including…

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Will Generative AI Banish The Spreadsheet From Insurance Underwriting?

The age-old insurance underwriting model worked well for a traditional environment of slower and more predictable change, with similar processes…

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The Civil War Income Tax Was Failing. Could A Crackdown On Cheats Save It?

America’s first income tax was a disappointment, at least to the editors of Scientific American. In a January 9, 1864,…

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Capital Gains Taxes Are Hurting The Fine Art Market, But Not How You Think

This year’s New York art auctions disappointed. The $1.4 billion in spring sales were 22% lower than 2023, and off…

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How High Interest Rates Turbocharged A Struggling Robo-Advisor

It took 14 years, but Wealthfront has finally become profitable—thanks to Fed Chairman Jerome Powell. Here’s how it intends to…

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Maximizing The Federal Gift Tax Annual Exclusion: A Brief Guide For Savvy Taxpayers

With the potential sunset of the Tax Cuts and Jobs Act forthcoming at the end of 2025, much of the…

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