How to earn 4% interest (or more) on your tax refund right now

There are multiple ways in which savers can earn sizable interest earnings on their tax refund this year. bernie_photo/Getty Images With tax season fully underway and with tax refunds substantially larger for many American taxpayers this year, questions about how to spend that money are top of mind. Whether you’re considering paying off debt, completing … Read more

Progressive states revive push to tax the rich as wealth disparity deepens across the US

PROVIDENCE, R.I. — Chuck Collins figures he won life’s lottery by inheriting vast sums of money through his great-grandfather Oscar Mayer’s processed meat company, but rather than fight to protect every dime Collins has helped push to hike taxes on the ultrarich like himself. He was successful in helping implement a higher tax in Massachusetts … Read more

Former Starbucks CEO Howard Schultz leaves Seattle as local lawmakers mull millionaire tax

Former Starbucks chief executive Howard Schultz said in a LinkedIn post that he and his wife are moving from Seattle to Florida after more than four decades in the city, where he helped build the coffee chain into a global brand. His announcement comes as Washington state lawmakers advance a so-called millionaire tax that would levy a … Read more

Best ways to use your tax refund

Best ways to use your tax refund – CBS News Watch CBS News CBS News business analyst Jill Schlesinger speaks with “CBS Mornings” about how to best utilize your tax refund. The IRS says it has already received more than 51 million returns. (Sponsored by Edward Jones) Source link

Sharks are taking a bigger bite of fishermen’s catch in Hawaii: “Paying the tax man”

In recent years, local small-boat fishers who pursue prized bottomfish such as ehu, onaga and the red opakapaka that’s popular on table spreads across Hawaii each New Year’s have seen a troubling spike in sharks that swoop in and tear their catch off the hook. “They’re basically losing money because they can’t bring in the … Read more

Average tax refund tops $3,700 midway through filing season, Treasury says

NEWYou can now listen to Fox News articles! FIRST ON FOX: Taxpayers are seeing an average refund above $3,700 halfway through the filing season, and the Trump administration is pointing to its new tax breaks as a driver of higher take-home pay. Treasury figures reviewed by Fox News Digital show the IRS has processed nearly 63.5 … Read more

Sen Cory Booker proposes ‘Keep Your Pay Act,’ eliminating federal income tax on first $75,000

NEWYou can now listen to Fox News articles! Sen. Cory Booker, D-N.J., facing a re-election campaign in 2026, announced a new tax-cut bill, the Keep Your Pay Act, that would eliminate federal income taxes on the first $75,000 of income for most households and expand key tax credits for working families. Booker’s plan increases the … Read more

Can you avoid paying capital gains tax on gold?

If you’re thinking about selling your gold holdings, knowing how to reduce the tax implications is essential. Kirill Stytsenko/Getty Images Gold’s impressive price surge over the past year, and over the last few months, in particular, has created a new class of investors who suddenly find themselves sitting on significant gains. With prices climbing from … Read more

A property tax revolt spreads across states, but election-year cuts hit opposition

ATLANTA — More and more states are examining plans to cut property taxes during what’s an election year for governors and legislators in most states. But some states’ tax-cutting zeal is hitting political resistance to slashing local government and public school funding. National experts say it’s a property tax revolt — comparing it to earlier … Read more