It's the first 'official' day of tax filing season
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Monday is the first "official" day of tax filing season, and Jackson Hewitt General Manager Doug Preble is here to share some tips and what you should know ahead of filing. The deadline is April 15, but taxpayers shouldn't wait to file.

IRS launches its free-filing pilot program in 12 US states

With tax season kicking off Monday, the IRS is rolling out a new online option for filing your 2023 returns. Here's how it works.

Layoff list: Major tech companies that have cut jobs so far in 2024

More than 20,000 jobs have already been shed in the tech industry just three weeks into the new year, according to one layoff tracking site.

Most Americans cannot afford a $1K emergency expense

Thirty-five percent of adults surveyed said they'd have to borrow money if they had a $1,000 unexpected expense.

Gas prices remain stagnant as demand drops: AAA

Although prices are lower than they were last year at this time, they remain steady month over month.

Study: Gen Z, millennials are ‘obsessed’ with idea of being rich

The study found that nearly 60% of millennials said they feel behind financially, likely contributing to feelings of financial inadequacy.

US fourth quarter GDP beats expectations and recession odds

Real GDP increased at an annual rate of 3.3% for the October-through-December period after rising 4.9% in the third quarter of 2023, according to the BEA's advance estimate released Thursday.

Biden cancels another $5 billion in student loan forgiveness – Here's who is impacted

The Biden Administration announced an additional $5 billion in student loan forgiveness that impacts borrowers using the income-driven repayment (IDR) and Public Service Loan Forgiveness (PSLF) plans.

IRS to start simplifying notices to taxpayers this year

The IRS on Tuesday announced that it will redesign and simplify the long and often complicated notices it sends to taxpayers every year. 

Social Security is coming for a bigger chunk of your paycheck

The portion of personal income subject to the Social Security tax has increased to $168,600 this year from $160,200 in 2023.

US union membership rate fell to new low in 2023

Union rates have plummeted for a second straight year despite the highest approval ratings in decades.

Read this before you sign up for a college credit card

Signing up for financial products your college is offering can sometimes be the worst deal, a recent CFPB report said.

AI and your finances
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Artificial Intelligence (AI) is increasingly being used for various purposes, including financial planning and management. Bankrate Analyst James Royal explains.