Cash News Editor’s note: We are monitoring government moves regarding the first-time home buyer tax credit and will update this page as necessary. Now that the presidential election has been decided, speculation is bubbling up about a possible revival of the first-time home buyer tax credit. While Kamala Harris had promised to offer $25,000 in […]
Cash News If you work from home as a contractor, freelancer, or small business owner, the home office deduction should be top of mind as you get ready to file your tax return. The IRS permits a tax deduction for the part of your home you use for work, provided that you and your space […]
Cash News The Capital One Venture Rewards Credit Card — already one of our favorite travel cards — just got even better. Starting today, there’s a two-part welcome bonus for new Capital One Venture cardholders that’s equal to $1,000 in travel: Get a one-time $250 welcome credit when you open your new account Earn 75,000 […]
Cash News If your personal file cabinet is overflowing with old tax records, credit card bills, or bank statements, you might be wondering what to keep and what to trash. When it comes to taxes especially, many people hesitate to toss important documents for fear of an IRS audit. It begs the question: How long […]
Cash News A dependent care flexible spending account (DCFSA) is a tax-advantaged account that lets you build tax-free savings for adult and childcare expenses. It’s a nice perk, but it requires some planning, and there are rules you need to follow. DCFSAs are part of employer benefits or cafeteria plans. If your employer offers it, […]
Cash News The best home equity line of credit lenders offer low fees, repayment flexibility, excellent customer satisfaction ratings, and quick closings. But that’s not all. Yahoo Finance considered nearly a dozen factors and vetted 45 national and regional lenders to find HELOC providers that stood above the rest. These are the best HELOC lenders […]
Cash News Ever since the Federal Reserve began lowering the federal funds rate late last year, deposit account rates have been on the decline as well. The good news: You can lock in a competitive return on a certificate of deposit (CD) today and preserve your earning power. Read on for a snapshot of CD […]
Cash News As interest rates continue to fall following the Fed’s recent rate cuts, it’s more important than ever to ensure you’re earning a competitive rate on your savings. One option you may want to consider is a money market account (MMA). These accounts are similar to savings accounts — they offer interest on your […]
Cash News Most mortgage rates have ticked up today. According to Zillow, the 30-year fixed interest rate has risen by three basis points to 6.56%, and the 15-year fixed rate is up by five basis points to 5.92%. Although it can feel discouraging to see rates increase, keep in mind that these are small bumps. […]
Cash News The Federal Reserve cut the federal funds rate three times in late 2024, which means deposit rates are now falling. It’s more important than ever to ensure you’re earning the highest rate possible on your savings, and a high-yield savings account could be the solution. These accounts pay more interest than the typical […]