Filing federal taxes is free through IRS Free File for incomes under about $84,000
Taxpayers earning under roughly $84,000 in adjusted gross income can file their federal returns at no cost through the IRS Free File program, a public-private arrangement that has operated for years under a formal agreement between the agency and a coalition of tax-software companies. But the advertised income ceiling tells only part of the story. […]
Read MoreFiling federal taxes is free through IRS Free File for incomes under about $84,000
Taxpayers earning under roughly $84,000 in adjusted gross income can file their federal returns at no cost through the IRS Free File program, a public-private arrangement that has operated for years under a formal agreement between the agency and a coalition of tax-software companies. But the advertised income ceiling tells only part of the story. […]
Read MorePersonal Finance
Insurance & Protection
Two nights in the hospital “under observation” instead of admitted can cost thousands and block nursing-home coverage
Medicare beneficiaries who spend two nights in a hospital bed, receive treatment from hospital staff, and sleep in a hospital…
Personal Finance
Insurance & Protection
Two nights in the hospital “under observation” instead of admitted can cost thousands and block nursing-home coverage
Medicare beneficiaries who spend two nights in a hospital bed, receive treatment from hospital staff, and sleep in a hospital…
Markets & Investing
Banking & Credit Cards
Credit Cards & Rewards
Federal law caps what a lost or stolen credit card can cost you at $50
Consumers who lose a credit card or have one stolen face a hard ceiling on what they can be forced to pay for fraudulent charges:...
Bank Accounts & Fees
$250,000 is FDIC-insured per bank, and using several banks covers more
Households holding more than $250,000 in deposits at a single bank risk losing the excess if that institution fails. Federal law caps deposit insurance at...
Fraud & Scams
Circle K will pay $50 to customers whose data was exposed, with claims open until September 3
Massachusetts residents whose Social Security numbers and driver’s license data were exposed in a 2025 breach at Gas Express LLC now face a narrow window...
Fraud & Scams
Urban One’s data-breach settlement pays up to $10,000 for documented losses, or a flat cash payment without receipts
People affected by Urban One, Inc.’s confirmed data breach now face a choice: gather receipts to claim up to $10,000 in documented losses, or accept...
Fraud & Scams
A Wisconsin woman lost more than $400,000 in retirement savings after scammers posing as her investment company told her to buy gold
A Wisconsin woman watched more than $400,000 in retirement savings vanish after scammers impersonating her investment company convinced her to liquidate her accounts and convert...
Bank Accounts & Fees
Cash App is mailing settlement checks automatically after a $175 million order, with nothing to sign up for
Millions of Cash App users who reported unauthorized transactions or account fraud are starting to see paper checks arrive in their mailboxes this year, tied...
Real Estate
Mortgages & Rates
Homeowners 62 and older hold a record $14.39 trillion in equity, and the reverse-mortgage limit just rose to $1,249,125
For many older Americans, the largest asset they own is not a brokerage account or a pension. It is the…
Retirement & Taxes
A revocable living trust passes your home and accounts to heirs without the delay and cost of probate
Going without Medicare drug coverage adds a permanent penalty of about 1% for each month you skip it
When your hospital drops your Medicare Advantage plan, you pay out-of-network rates or must switch coverage for the next year
Checking your Social Security earnings record for errors can add hundreds a month to your check for life
Full retirement age finished its climb to 67 this year, and claiming at 62 now locks in a check about 30% smaller for life
Workers can now deduct part of their tip and overtime pay under the new tax law, which raised many spring refunds
Required withdrawals from retirement accounts now start at 73, giving savers an extra year of tax-deferred growth
Heirs can now inherit up to about $15 million tax-free after the estate-tax exemption was made permanent
$750 a month is the least the government must leave you when it garnishes Social Security for old student loans
Buyers of new U.S.-built cars can deduct up to $10,000 of auto-loan interest a year, even without itemizing
Lower-income workers can claim up to $1,000 back, $2,000 for couples, just for funding a retirement account
$250,000 of home-sale profit stays tax-free, $500,000 for couples, a limit Congress hasn’t raised since 1997
- Money in the News