Americans reconsider holiday spending amid credit card stress
American families face more financial pressure this holiday season than in recent years. Credit card balances are rising. Interest rates remain above 20%. Essentials like rent, groceries, and fuel
U.S. data blackout sparks uncertainty for Fed and investors
The U.S. government shutdown in November 2025 delayed major economic reports, including the CPI and PCE inflation indexes and the BLS Monthly Employment Situation Report.
One Big, Beautiful Bill: New tax deductions in October 2025
The One Big Beautiful Bill Act (OBBB), signed into law in July 2025, marks a major shift in U.S. tax policy. The legislation seeks to
October 2025 benefits payment schedule USA
October 2025 brings important updates for millions of Americans relying on federal benefits. This month is unique, with two Supplemental Security Income (SSI) payments and
New tax benefits on hold. You’ll get them in 2026 filing
The One Big Beautiful Bill Act, signed into law on July 4, 2025, brought several changes taking immediate effect this year. With that, you may
Earned Income Tax Credit (EITC) Guide for 2025: Who Qualifies, How to Claim & Maximize Refunds
The Earned Income Tax Credit is one of the most valuable credits available in the U.S. Plus it’s refundable even if you don’t owe any
One Big Beautiful Bill Act (OBBB) is now law. Two TCJA tax breaks revived!
On July 4, 2025, President Trump’s “One Big Beautiful Bill Act” (OBBB) was officially signed into law. This new legislation particularly restores two major tax
Long Term Care Tax: Your Tax Benefits Explained
With medicinal and healthcare advancements come longer life expectancy, but it also implies the pressing need to get a long-term care insurance policy. We need
2025 Tax Refund Schedule Too Delayed? How to Track
Tax season 2025 for filing ended on April 15. But assuming you filed your tax returns on time and did not apply for October extension,
Self Employment Tax Instructions: A Complete Guide
Earning money on your own terms initially feels freeing, until you have to deal with taxes. Unlike employees who are subject to payroll taxes, you
What Is Income Tax Payable? [Business Tax Accounting]
Income tax payable is just one of the jargons that every business encounters in their financial accounting. Small businesses often struggle to understand whether it
How Do You Calculate Taxes from Payroll: Your US Paycheck Explained
You work hard for your money. But when payday comes, the amount hitting your bank account is less than you earned. It’s all about taxes