Personal Finance
Latest Personal Finance News
Trump Tax Plan: Will Social Security Taxes Get Cut?
President Donald Trump advocated for the elimination of federal income taxes on Social Security benefits during his 2024 campaign. However,…
How to File a Tax Extension in California: Eligibility Rules
California grants an automatic tax filing extension until October 15 for individual taxpayers, with no need to submit a formal…
Is There a Penalty for Filing a Tax Extension?
Filing an extension gives you an additional six months to submit your tax return, but not to pay your taxes.…
Trump Pardons ‘Chrisley Knows Best’ Stars, Yet IRS Tax Lessons Remain
Todd and Julie Chrisley were convicted of tax evasion and bank fraud, and have been in prison since January 2023.…
Can You Contribute to a Roth IRA Without Having Earned Income?
You generally need earned income—such as wages, tips, or self-employment income—to contribute to a Roth IRA, since these accounts are…
Is Your Homeowners Insurance Tax-Deductible?
Homeowners insurance is usually not tax-deductible for personal residences, but you may be able to deduct part of the cost…
Supreme Court Expands Tax Exemptions For Religious Charities
Topline The Supreme Court expanded when religious organizations can qualify for tax exemptions as it ruled Thursday in favor of…
Chime Aims For $11 Billion IPO Valuation
San Francisco-based Chime, the largest digital bank in America, wants to go public at a price between $24 and $26…
House Budget Bill Cuts Average Taxes By $2,900, Favors High-Income Households
The budget reconciliation bill passed by the House on May 22 would cut taxes by an average of about $2,900…
What Trump’s 2026 Budget Would Mean For Older Adults
President Trump’s 2026 budget would freeze spending for many services for older adults, deeply cut others, continue his efforts to…
