You can still get your tax refund sent to your checking account, say, and then use the money to buy digital I bonds via TreasuryDirect. What’s going away is the ability to fill out a special form with your tax return and have the paper bonds bought with your refund. The change was quietly announced…
In 1994, Bob Kulhan was in his early 20s and on the path to becoming a marketing executive at a top ad agency. The financial stability of his blossoming career comforted his parents. That year, he also began taking improvisational comedy classes at Second City, a renowned comedy institution based in Chicago. There, Mr. Kulhan…
Amy Ryan was panicking about her savings when she went online for advice. It was April 2020, and the stock market had plunged, draining a nest egg that she had built up over the years. Ms. Ryan, a 43-year-old sales engineer from Wales, had dumped her portfolio in the crash and was afraid of losing…
“The chief business of the American people is business.” That declaration by Calvin Coolidge has been shortened and simplified since that Republican president uttered it before an assembly of newspaper editors a century ago. But the notion that the business of America is business was on conspicuous display at President Trump’s inauguration. It may be…
Taxpayers with income of $84,000 or less still have the option of using the separate Free File program, a partnership between the I.R.S. and several do-it-yourself tax software firms, to file free electronic returns. The I.R.S. also provides free online forms, without step-by-step guidance, that filers can use, regardless of income, to file federal returns….
Amid the global turmoil of this young new year comes a flurry of welcome developments that will help many people — especially retirees and those close to retirement — supercharge their savings, cut prescription drug costs, keep more of the money they earn and, possibly, raise their credit scores. Fair warning, though: It’s complicated. The…
Sales of electric vehicles have been rising steadily over the past few years, in part because of a federal tax credit of up to $7,500 that makes buying such cars and trucks more affordable. But understanding which cars it applies to and under what circumstances can be confusing. And all of those rules could change…
The Social Security Administration receives billions in free money each year from an unexpected source: undocumented immigrants. This group paid an estimated $25.7 billion in Social Security taxes in 2022, according to a recent analysis from the Institute on Taxation and Economic Policy, a left-leaning tax research group. Since unauthorized workers cannot collect retirement and…
This article is part of a series on people who have made successful careers for themselves without having a college degree. Rachel Nieves was 19 and working part time at Armani when she met someone who said her personality would do well in the car business. At first, she had no idea what that meant….