Personal Finance
Latest Personal Finance News
How Does the IRS Verify Cost Basis?
The IRS expects taxpayers to keep the original documentation for capital assets, such as real estate and investments. It uses…
What you need to know about payday loans
Key takeaways Payday loans are small loans with high fees that typically have to be paid off in 14 days.…
Is the Capital One Venture Card worth it?
Key takeaways With a solid two miles per dollar earning structure and healthy welcome offer opportunity, the Capital One Venture…
American Express savings account rates
Image by Adobe Stock; Illustration by Bankrate American Express is best known for its credit cards, but it also offers…
Tax Refunds Creep Towards $100 Billion As Tax Filing Season Marches On
The IRS officially opened tax season more than a month ago—on January 29, 2024—and as the days have ticked by,…
Student Loan Forgiveness Gets Accelerated For Some Borrowers In Surprise Biden Announcement
The Biden administration announced this week that the Education Department will be accelerating student loan forgiveness for a cohort of…
I’m Selling My House and Netting $800k. Can I Avoid Taxes While Downsizing for Retirement?
When you sell a primary residence, the IRS allows you to exclude from your capital gains taxes the first $250,000…
Is the Chase Sapphire Reserve worth it?
Key takeaways The Chase Sapphire Reserve® is one of the best premium travel cards on the market, offering a host…
Five Medical Expenses You Can Deduct on Your Taxes
Taxpayers can deduct medical expenses by itemizing them on their taxes. However, these deductions may be out of your reach…
5 Predictions For Banking And Fintech In 2024
OBSERVATIONS FROM THE FINTECH SNARK TANK Having complained in a recent post on LinkedIn that a lot of the predictions…
