Tax & Finance

Tax & Finance Articles

With Tax Day — April 15, 2020 — drawing ever closer, Americans from all corners of the country will be completing and submitting their 1040 forms to the Internal Revenue Service in the coming...
How much Americans pay at the pump depends on several factors — primarily, the price of crude oil, which is determined in large part by global supply and demand. Other variables affecting the price...
Wealthier Americans tend to pay a smaller share of their income in state and local taxes than lower-income Americans. According to a 2018 report released by The Institute on Taxation and Economic...
Several surveys have identified property taxes as the most hated form of taxation in the United States. Unpopular though they may be, property taxes — taxes on personal property like homes and real...
As American author Ambrose Bierce famously wrote, the lottery is “a tax on people who are bad at math.” Indeed, the odds of winning big in games like Powerball or Mega Millions are about 175...
In October, CEO departures reached a record high. The last time the number of CEO departures was extremely high was during the Great Recession.
Cities like New York, San Francisco, and Washington D.C. are commonly referred to as “superstar cities” — innovation hubs that are home to major companies in industries like defense, finance,...
As members of the baby boom generation age into retirement — approximately 10,000 Americans turn 65 every day — more and more are relying on pension benefits for their main source of income....
It seems that most economists are somewhat pessimistic, with 38% of those surveyed by the National Association for Business Economics in August 2019 expecting a recession in 2020, and 34% in 2021....
The prospect of an income tax audit by the Internal Revenue Service is a daunting one. The IRS audits about 1.1 million tax returns each year. To minimize the likelihood of a mistake — and reduce...
State governments spent a collective $581.9 billion on public welfare, or 26% of total government expenditure in 2016. Public welfare spending varies considerably from state to state and is...