Images By Tang Ming Tung | Digitalvision | Getty Images Whether you’re expecting a refund or balance due this tax season, there’s a key reason to file your return promptly, experts say: thwarting tax-related identity theft. Nearly 33% of Americans procrastinate filing their taxes, according to a survey from real estate company IPX1031, which polled
Personal finance
Vithun Khamsong | Moment | Getty Images Thousands of IRS employees are expected to lose their jobs as Elon Musk’s Department of Government Efficiency, or DOGE, continues widespread cuts to federal spending. The move comes roughly three weeks since the opening of tax season and could impact millions of taxpayers who will file before the
monkeybusinessimages | Getty There are signs that the housing market is swinging to favor buyers. However, renewed worries about the economy are holding some buyers back. On the upside for homebuyers, home price growth has slowed and mortgage rates have retreated from recent peaks. The median sale price for homes was $375,475 in the four
U.S. Sen. Elizabeth Warren (D-MA) speaks to a crowd gathered in front of the U.S. Treasury Department in protest of Elon Musk and the Department of Government Efficiency on Feb. 4, 2025 in Washington, DC. Anna Rose Layden | Getty Images In response to a request from Sen. Elizabeth Warren, the Federal Deposit Insurance Corp.
Americans are racking up more and more credit card debt. Collectively, consumers owe a record $1.21 trillion on their credit cards, the Federal Reserve Bank of New York recently reported. The average balance per consumer now stands at $6,580, up 3.5% year over year, according to a separate quarterly credit industry insights report from TransUnion. Despite the
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