You can deduct homeowners insurance from your tax returns using the simplified or regular method. Mapodile/Getty Images Homeowners insurance might be tax deductible for those who are self-employed and work out of home offices. It’s important to only claim...
For the first time in nearly 20 years, the IRS has released updated actuarial or life expectancy tables. Those who take required minimum withdrawals (RMD) from retirement accounts may already know we use these tables to calculate your RMD. Using these new tables is...
When bond yields go up, bond prices go down. It’s a time-tested principle, but it’s also one we haven’t experienced much since the pandemic began. At least, not until the past several weeks. You could feel the effect of rising yields in a near-term drop in price for...
In recent months, consumer confidence has been falling. Provided by Kristin Hershey A confident consumer can be a powerful ally in an economy. But when the consumer starts to have questions, we can measure consumer confidence in everything from retail sales to home...
When bond yields go up, bond prices go down. It’s a time-tested principle, but it’s also one we haven’t experienced much since the pandemic began. At least, not until the past several weeks. You could feel the effect of rising yields in a near-term drop in price for...