ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Sharon Epperson explains the new deduction for earnings from tips. For more Tax Tips, go to cnbc.com/money101 to sign up for the “Money 101 Newsletter” series. 00:20 Tue, Jan 20 20266:00 AM EST Source link
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Sharon Epperson explains a new tax deduction for people age 65 and older. For more Tax Tips, go to cnbc.com/money101 to sign up for the “Money 101 Newsletter” series. 00:20 Wed, Jan 21 20266:00 AM EST Source link
Colorado residents fill out cards and share their stories for content to send to congressional representatives regarding health-care cuts on Nov. 1, 2025, the first day of ACA open enrollment, in Northglenn, Colorado. Tom Cooper | Getty Images Entertainment | Getty Images Some states are stepping in to blunt the financial fallout of lapsed federal…
By some measures, Generation Z is the hardest hit by the affordability crisis. Even though young adults are more likely to have a college degree and work full time compared with their parents at this age, that combo also comes larger student loan balances, which have proved to be a significant obstacle for those starting out. At…
The IRS will start accepting 2025 income tax returns on Monday, January 26. Several new tax breaks are on the table as part of President Trump’s ‘Big Beautiful Bill’, impacting how many Americans prepare their taxes this year. CNBC’s Sharon Epperson joins ‘Squawk Box’ with the details.For more tax saving and tax planning strategies, subscribe…
Pra-chid | Istock | Getty Images Read more CNBC personal finance coverage ‘Will Social Security run out?’ is the wrong question, economist says. What to consider Trump says inflation was ‘defeated.’ Some economists disagree Trump touts ‘big beautiful bill’ tax breaks at Davos. Here’s how they work Trump floats idea to extend business tax break…
People line up outside the Social Security Administration office in San Francisco. Getty Images Social Security, the federal social insurance program that millions of Americans rely on for income, faces a shortfall in funding it counts on from its trust funds. But that doesn’t mean the program is going bankrupt or will be entirely unable…
In the war on affordability, President Donald Trump has claimed victory over inflation. Trump said during a speech on Wednesday in Davos, Switzerland, that he had “defeated” inflation and reined in consumer prices over the past year. Trump, in an address to world leaders and others at the World Economic Forum, said that the U.S. has…
U.S. President Donald Trump gives a speech at the World Economic Forum (WEF) on January 21, 2026 in Davos, Switzerland. Chip Somodevilla | Getty Images News | Getty Images As Americans prepare for the start of tax season next week, several new tax breaks are on the table as part of President Donald Trump’s “big…
U.S. President Donald Trump speaks during the 56th annual World Economic Forum (WEF), in Davos, Switzerland, January 21, 2026. Jonathan Ernst | Reuters President Donald Trump on Wednesday floated the idea of allowing depreciation — a yearly income tax deduction to recover certain property costs over a set period of time — for personal residences….