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Author: Elisabeth Buchwald, USA TODAY

Money

As states prepare to ban abortions if Roe v. Wade is overturned, will companies step in?

May 5, 2022May 6, 2022 Elisabeth Buchwald, USA TODAY Comments Off on As states prepare to ban abortions if Roe v. Wade is overturned, will companies step in?

Some of the largest employers in the U.S., including Walmart, have yet to take a stance as Supreme Court considers overturning Roe v. Wade.

Money

What does being in a recession mean? And is the U.S. officially in a recession?

May 4, 2022July 28, 2022 Elisabeth Buchwald, USA TODAY Comments Off on What does being in a recession mean? And is the U.S. officially in a recession?

What happens when we go into a recession is a question more people are asking as the Fed prepares to raise rates more aggressively to fight inflation

Money

Is the U.S. officially in a recession? GDP report paints a bleak picture

April 29, 2022July 28, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Is the U.S. officially in a recession? GDP report paints a bleak picture

GDP fell by 0.9% last quarter. That doesn’t necessarily mean the U.S. is in a recession officially, but some say one might be on the way in 2023.

Money

Struggling to pay bills, more Americans turn to credit cards and loans

April 21, 2022April 21, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Struggling to pay bills, more Americans turn to credit cards and loans

Americans who are having the toughest time affording everyday expenses are increasingly turning to credit cards and taking out loans

Money

Is there a penalty for filing taxes late when you have a refund?

April 15, 2022April 18, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Is there a penalty for filing taxes late when you have a refund?

Taxes 2022: If you don’t file your taxes by April 18 you could have to pay a late penalty. But you could avoid some of it if you file an extension

Money

2022 taxes: Refunds are higher thanks to economic stimulus checks, Child Tax Credit

April 13, 2022April 15, 2022 Elisabeth Buchwald, USA TODAY Comments Off on 2022 taxes: Refunds are higher thanks to economic stimulus checks, Child Tax Credit

Enhanced Child Tax Credit payments may be boosting your tax refund this year. Also be sure to check if you got a third stimulus check

Money

Your tax refund is likely higher than last year. Should you invest it?

April 12, 2022April 14, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Your tax refund is likely higher than last year. Should you invest it?

If you invest your tax refund and need the money, you could have to pay a capital gains tax. Whereas if you save it, can access it tax free

Money

Use your tax refund or save it? Tax refunds are delayed but plan now to invest or splurge.

April 7, 2022April 8, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Use your tax refund or save it? Tax refunds are delayed but plan now to invest or splurge.

Waiting on your tax refund? Experts say make a plan now. Consider paying off debt, contributing to an IRA, emergency savings or changing W-4 form.

Money

Is the U.S. headed for a recession? This Wall Street bank thinks so.

April 6, 2022April 8, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Is the U.S. headed for a recession? This Wall Street bank thinks so.

The Federal Reserve is prepared to raise interest rates by 50 basis points. And that will trigger a downturn, according to Deutsche Bank.

Money

Self-employed tax deductions: You may qualify for tax write-offs for starting a business

April 4, 2022April 4, 2022 Elisabeth Buchwald, USA TODAY Comments Off on Self-employed tax deductions: You may qualify for tax write-offs for starting a business

Self-employment tax rates are higher than employee rates but you can deduct health insurance costs and other business expenses from your taxes

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