The end-of-year shopping season is upon us. Black Friday and Cyber Monday — North America’s two biggest retail holidays — are nigh. There’s just one item of business before you finalize your holiday gift list: making sure you have a suitably festive spending aid. If you have good credit and you’re confident in your ability […]
The majority opinion, in denying the taxpayer’s motion for summary judgment, held that section 280E does not violate the “Excessive Fines Clause” of the Eighth Amendment: Because section 280E does not impose a fine or penalty, but instead, simply disallows a deduction from gross income; and Because income tax deductions […]
When you’re just starting out, life insurance may not be your first concern. Putting it off may cost you. Research shows that millennials, who are saddled with hefty student loan bills, have struggled to set money aside for other purchases — from life insurance to buying a home. On average, about 7 […]
The most recent personal information breach was discovered by a security researcher named Vinny Troia in October. He uncovered nearly four terabytes of data or around 1.2 billion personal information, including email addresses, work histories, mobile, and home phone numbers, and social media accounts. So far, it is not clear […]
It’s no secret most people overindulge during the holidays. Aside from feasting on holiday treats, nearly two-thirds of adults said they have felt pressure to overspend this time of year, according to a recent survey by Bankrate.com. With that comes a heavy toll. Roughly two-thirds of Americans also said that […]
The 2019-2020 priority guidance plan has been released, listing guidance priorities for the IRS and Treasury Department for the 12-month period from July 1, 2019, through June 30, 2020. The priority guidance plan [PDF 97 KB] continues to prioritize implementation of the 2017 tax law (the law often referred to as the […]
A federal lawsuit has accused top Delaware insurance department officials of workplace sexual and racial harassment. The Delaware News Journal reports an insurance department employee announced the suit Wednesday accusing Commissioner Trinidad Navarro of inappropriately touching her cornrows and making comments about her body. Navarro says he can’t comment on […]
On Thursday, T-Mobile disclosed a security breach that impacted some of its prepaid customers in the United States. The company told Bleeping Computer on Thursday that a “small number of customers” were affected by the breach that was discovered earlier this month. According to T-Mobile, customer names, addresses, phone numbers, […]
REWARDS CREDIT CARDS advertise how many points you can earn from spending and sign-up bonuses, but it’s not always clear how much value you can get from those points. After all, a card with a high rewards earning value doesn’t necessarily have a good redemption value. The best rewards credit cards […]
A FEDERAL JUDGE dismissed a lawsuit from several states Monday that sought to void the Trump administration’s cap on a tax break for people filing in high-tax states. In a win for the president, U.S. District Judge Paul Oetken in New York said that Maryland, New Jersey, Connecticut and New York […]