Personal Finance

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Latest Personal Finance News

Do I Have to Worry About the Gift Tax If I Give My Son $75,000 Toward a Down Payment?

Unless you have given away more than $13 million in your lifetime, a $75,000 gift will not trigger the federal…

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How to improve your credit score with a personal loan

Key takeaways Personal loans can boost your credit score by adding to your credit mix and reporting a positive payment…

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How to get cash from a credit card at the ATM

Most of us know how to use our credit card to make purchases, but not everybody knows how to get…

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Discover Bank savings account rates

You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades.…

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Rules Of The AI Road For 2024

Artificial intelligence is changing the rules in finance and business. However, because AI technology is taking evolutionary leaps on what…

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IRS Touts Improvements And Chases Delinquent Millionaires As Tax Season Opens

With tax season just around the corner—officially opening on Jan. 29, 2024—the IRS is continuing to focus efforts on increasing…

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Lawmakers Keep Targeting Tax Breaks Of Those They Disagree With

Three progressive senators and a representative have sent a letter to the tax prep firm Intuit INTU demanding to know…

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The Cost of Living in a Retirement Community in Every State

Retirement living communities aim to fit needs of people age 55 and older, with amenities such as housekeeping, maintenance, organized…

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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…

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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.…

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