Today’s top story: Which states have estate and inheritance taxes. Also in the news: Why making money with online games is a bad bet, cities with the most and fewest young homeowners, and a decade after the Great Recession, 1 in 3 Americans still haven’t recovered. Which States Have Estate and Inheritance Taxes? How about […]
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Wednesday’s need-to-know money news
Today’s top story: Suing banks will get easier – if CFPB rule survives. Also in the news: 2017 Driving in America report, 7 tips for preparing your taxes in a divorce, and why you need to stop beating yourself up over past money mistakes. Suing Banks Will Get Easier — if CFPB Rule Survives And […]
Tuesday’s need-to-know money news
Today’s top story: How folks took charge of their credit card fears. Also in the news: Getting tax relief from good deeds, five sales to shop on Amazon Prime Day besides Prime Day, and how to tell where your state tax dollars are actually going. How Folks Took Charge of Their Credit Card Fears Taking […]
Chasing a dream? Fix your finances first
Mark Howard of Basalt, Colorado, earned a hefty six-figure income during his 25-year career in financial services. His dream, though, was to teach high school — a job that paid about $40,000 a year. When he floated the idea past his wife and business partner, Danielle Howard, her reaction was surprise and unease. He was […]
Monday’s need-to-know money news
Today’s top story: 3 money tools to save you from yourself. Also in the news: Why paying off debt with retirement money can be dangerous, how to make money selling stuff online, and why you should think twice before giving up financial control at the altar. 3 Money Tools to Save You From Yourself We […]
Q&A: Figuring out capital gains when an inherited house is sold
Dear Liz: I’ve have been following your responses related to the tax exemption on home sales. I understand that up to $250,000 per person of home sale profit is exempt from capital gains taxes and that married couples are entitled to exempt up to $500,000. My spouse and her two siblings inherited a home from […]