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Author: Elisabeth Buchwald, USA TODAY

Money

How do you calculate taxes on gig work? If you took on a side hustle, here’s how to file

February 16, 2023 Elisabeth Buchwald, USA TODAY Comments Off on How do you calculate taxes on gig work? If you took on a side hustle, here’s how to file

Do you have to pay taxes on side hustles? What to know about 1099 forms and tax deductions you can qualify for.

Money

January CPI inflation rate slows to 6.4% but monthly inflation rose by 0.5%: Live updates

February 14, 2023February 14, 2023 Elisabeth Buchwald, USA TODAY Comments Off on January CPI inflation rate slows to 6.4% but monthly inflation rose by 0.5%: Live updates

January’s inflation report showed a continued decline from prior months. Investors are hopeful it will prompt the Fed to pause rate hikes.

Money

IRS free file options: Your 2023 guide to free tax prep services

February 9, 2023February 10, 2023 Elisabeth Buchwald, USA TODAY Comments Off on IRS free file options: Your 2023 guide to free tax prep services

There are plenty of free tax prep services for seniors and low-income taxpayers. These programs include IRS Free File, VITA and TCE.

Money

U.S. jobs report today: Economy added 517,000 jobs despite recession risk; unemployment fell to 3.4%

February 3, 2023February 3, 2023 Elisabeth Buchwald, USA TODAY Comments Off on U.S. jobs report today: Economy added 517,000 jobs despite recession risk; unemployment fell to 3.4%

Employers added 517,000 jobs in January, according to nonfarm payrolls figures. Unemployment fell to 3.4%, a 54-year low, jobs report shows.

Money

Fed interest rate decision today: Central bank hikes by 0.25 percentage point to tame inflation

February 1, 2023February 1, 2023 Elisabeth Buchwald, USA TODAY Comments Off on Fed interest rate decision today: Central bank hikes by 0.25 percentage point to tame inflation

The Fed raised its key interest rate but slowed the pace for a second straight meeting. Chair Jerome Powell said inflation remains too high.

Money

Do you have to report crypto on taxes? Yes. Here’s what you should know about form 8949

January 26, 2023 Elisabeth Buchwald, USA TODAY Comments Off on Do you have to report crypto on taxes? Yes. Here’s what you should know about form 8949

Crypto losses can be deducted from your taxes or income at up $3,000 a year. But you can carry the losses forward in future tax years.

Money

2023 tax season guide for new parents: What to know about the Child Tax Credit and more

January 24, 2023January 24, 2023 Elisabeth Buchwald, USA TODAY Comments Off on 2023 tax season guide for new parents: What to know about the Child Tax Credit and more

Had or adopted a child in 2022? What new parents need to know about tax credits and deductions. Importantly,
the enhanced Child Tax Credit went away in 2022.

Money

5 ways your finances could be impacted now that the U.S. hit the debt ceiling

January 19, 2023January 19, 2023 Elisabeth Buchwald, USA TODAY Comments Off on 5 ways your finances could be impacted now that the U.S. hit the debt ceiling

The U.S. hit the debt limit on Thursday. If Congress fails to raise it, Social Security, your investments could take a big hit.

Money

What are the 2022 US federal tax brackets? What are the new 2023 tax brackets? Answers here

January 18, 2023February 15, 2023 Elisabeth Buchwald, USA TODAY Comments Off on What are the 2022 US federal tax brackets? What are the new 2023 tax brackets? Answers here

2022 tax bracket guide: Which tax bracket am I in for 2022? What are the new IRS tax brackets for 2023?

Money

Is the stock market open on Monday for MLK Day 2023?

January 13, 2023 Elisabeth Buchwald, USA TODAY Comments Off on Is the stock market open on Monday for MLK Day 2023?

The stock market will be closed on Monday for Martin Luther King Day. The bond market will also be closed. Both will close at the usual times Friday.

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Headlines

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August 31, 2023 John Fritze, USA TODAY

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Gadget guru or digitally distracted? Which of these 5 tech personalities are you?

August 31, 2023 Jennifer Jolly

‘Never seen anything like this’: Idalia deluge still wreaking havoc in Southeast. Live updates

August 31, 2023 John Bacon, Douglas Soule and Christopher Cann, USA TODAY

U.S. Embassy urges Americans to leave Haiti ‘as soon as possible’

August 31, 2023 Kim Hjelmgaard, USA TODAY

These kids are good: Young Reds in pursuit of a pennant stretch to remember

August 31, 2023 Bob Nightengale, USA TODAY

Idalia makes history along Florida’s Big Bend, McConnell freezes again: 5 Things podcast

August 31, 2023 Taylor Wilson, USA TODAY

5 people shot in Illinois, 2 in critical condition

August 31, 2023 AP

USA TODAY Sports staff makes college football picks: Check out the predictions for 2023

August 31, 2023August 31, 2023 USA TODAY

Why Deion Sanders’ Colorado Buffaloes team could surprise the nation (or not)

August 31, 2023 Brent Schrotenboer, USA TODAY
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