Student loan borrowers will face taxes on certain types of loan forgiveness in 2026, but state tax rules will make ...
Amy Danise is the former managing editor for the insurance section at Forbes Advisor, which encompasses auto, home, renters, life, pet, travel, health and small business insurance. She is a highly ...
In most cases, business credit card rewards aren’t taxable. The IRS generally treats rewards earned through spending as rebates, not income, meaning the cashback, points, or miles you earn from ...
From 2026, cancelled student loans under income-driven repayment plans will once again be treated as taxable income in the US ...
Generally, most life insurance proceeds are not considered taxable income. However, there are exceptions. If the death benefit is paid in installments, the interest accrued is taxable. If the ...
A taxable investment account is exactly what it sounds like: It has no special tax treatment, no tax advantages. If you sell ...
Too many things in life that should be easy for adults aren’t. Opening medicine bottles with “child safety” caps, for instance. Detaching toys from their viselike packaging on Christmas morning.
Apply deductions to your gross income to get your taxable income J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years ...
Tax laws for corporations form an intricate network of business and finance regulations. These laws govern how corporations must operate given considerations like capital structure, ownership and size ...
A few years ago, Vanguard target-date funds’ sizable capital gains distribution led to a nasty tax surprise for investors who had been holding the funds in taxable accounts. In response, the firm ...
Lucy Lazarony is an experienced personal finance journalist and writer who got her start in 1998 writing about financial topics. She writes accessible and easy-to-understand articles about credit, ...