- Yahoo Finance
Tax refunds inch up 2% over this time last year
Tax refund amounts increased compared to the previous year, even though the number of taxpayers who have filed is down.
- Yahoo Finance
Black-owned businesses can help close the racial wealth gap. US needs more of them, study says.
Increasing the number of Black-owned businesses that create jobs in their communities will help reduce the racial wealth gap, a Brookings study found.
- Yahoo Finance
Here's how SECURE 2.0 helps student loan borrowers save for retirement
Borrowers can now save for retirement under SECURE 2.0 by counting student loan payments toward their company's retirement plan match.
- Yahoo Finance
Taxes: Remote and hybrid workers could face double taxation on state taxes
Hybrid and remote workers who commuted to another state to work in 2023 may face an ugly surprise for tax season: double state taxation.
- Yahoo Finance
Tax refunds are 13% smaller compared to this time last year
Tax refunds decreased compared to the previous year and so did the number of taxpayers who filed early.
- Yahoo Finance
Student loans: Here's a map of the $1.2 billion discharged under SAVE by US state
More than 150,000 borrowers enrolled in SAVE received a discharge this week. Most of them live in Texas, Florida, or California.
- Yahoo Finance
Here's who's getting student loans wiped out in latest round of debt cancellation
Borrowers whose original balance was $12,000 or less and have been in repayment for 10 years get relief.
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Student loan violations lead to closing of Florida for-profit college, restrictions on another
International Education Corporation aimed to maximize enrollment and profits by manipulating test outcomes to benefit from the federal student aid program, according to an investigation.
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Tax refunds are almost 29% smaller this year, early IRS data shows
Taxpayers were seeing 29% smaller refunds compared to the same point last year.
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Tax refund schedule: Here’s when you’ll get your 2024 refund
The IRS said to expect refunds within 21 days. But it's possible to shorten that timeframe.
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FAFSA fix opens $1.8 billion more in financial aid, but expect delays
The error caused more delays in an already bumpy process, but the fix means more money is available.
- Yahoo Finance
Earned income tax credit: A break families should not overlook
The IRS created "EITC Awareness Day" so more taxpayers would take advantage of this valuable credit.
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What to expect for the 2024 tax filing season
Here's everything you need to know about the child tax credit, student loan forgiveness, and Venmo reporting requirements this tax season.
- Yahoo Finance
Borrowers whose student loans were forgiven in 2023 may owe state taxes
The American Rescue plan exempted student loan forgiveness from taxes through 2025, but not all states followed suit.
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Biden administration to forgive additional $4.9 billion in student debt
The latest discharge included 44,000 teachers, nurses, doctors, lawyers, and others in public service jobs.
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A rolling debt transfer is coming: 'Debt does not miraculously disappear'
A new survey found nearly one-fifth of Americans are carrying debt but no life insurance — a double whammy to avoid.
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Taxes: IRS waives penalty for taxpayers with tax bills from 2020 and 2021
The discharge of penalties for 2020 and 2021 back taxes totalled almost $1 billion.
- Yahoo Finance
Student loans: Accelerated provision of SAVE plan provides forgiveness for more borrowers in February
The plan forgave debts for those who borrowed $12,000 or less and have been in repayment for 10 years.
- Yahoo Finance
New FAFSA application is live in 'soft launch' mode
The financial aid site, which has been revamped, had limited availability during the launch period.
- Yahoo Finance
Q&A: Peter Mondavi Jr. on managing his family's multigenerational wine business
The Mondavi wine heir talked to Yahoo Finance about preserving the business his grandfather built.