Personal finance
Here’s how the BlockFi bankruptcy may affect your crypto taxes for 2022
It is thought the new U.K. government’s mini-budget may have made buying a house even more difficult. Photo by LanaStock via Getty Images Crypto firm BlockFi on Monday filed for Chapter 11 bankruptcy, two weeks after the collapse of crypto exchange FTX, further complicating taxes for investors during a difficult year. BlockFi, which offers an […]
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Over 10 years, 43% of first marriages can fail. Here’s why couples might want a postnuptial agreement
Vitapix | E+ | Getty Images While couples might sign a prenuptial agreement before they’re married and a “post-nup” after, it’s more than just the timing that differentiates these arrangements, experts say. “It’s a whole different ballgame once you’re married,” said Martin Shenkman, estate attorney with Shenkman Law in New York City. “With a pre-nup, […]
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3 lesser-known ways to trim your 2022 tax bill or boost your refund before year-end
Charles Taylor | Getty Images 1. If your income is higher in 2022, defer your bonus into 2023 If you’ve had a strong year and expect lower earnings in 2023, you may try to defer a holiday bonus until the new year, experts say. “It’s always exciting to reap the rewards of hard work by […]
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Don’t bank on free returns: 60% of retailers roll out stricter policies
The holiday shopping season is always closely followed by a spike in gift returning. But this year, it may be harder to bring things back for free or at a low cost. Roughly 60% of retailers said they’re making changes to existing returns policies, with fewer promising free returns, according to a recent survey of […]
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Inflation boosts U.S. residence shelling out by $433 a thirty day period, on normal, Moody’s finds
Essential Factors Inflation lifted spending by $433 a thirty day period for the common household, in accordance to a Moody’s investigation of the Oct 2022 buyer cost index. The index enhanced 7.7% in October from a calendar year back, down from its latest peak but continue to around the greatest levels because the early 1980s. […]
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Amid persistent inflation, cash-strapped consumers are tipping less
The Sweetly Bakery & Cafe in Battleground, Washington Source: Irina Sirotkina It’s the holiday season, yet Americans are feeling a little less generous. With inflation near record highs, cash-strapped consumers have started to tip less — especially when it comes to fast casual dining and carryout. “Tipping is that first sign towards reduced spending,” said Amanda […]
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Here’s why you may want to say ‘no’ to a store credit card offer this holiday shopping season
Prostock-studio | Istock | Getty Images In the rush at the store checkout this holiday season, you may be tempted to say yes when asked if you want to apply for a store credit card — especially if you’re offered extra savings on that day’s purchase. But there is good reason to think twice this […]
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Black Friday car deals are hard to come by even as prices ease. Here’s what to expect
Newsday Llc | Newsday | Getty Images There was a time when Black Friday in the car-selling business meant a flurry of big sales events at dealerships whose lots were full of new vehicles. These days, with inventory still squeezed from supply chain disruptions, discounts are not as generous as they once were. And most […]
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With Television set costs down 17%, Black Friday buyers might locate ‘excellent deals’
Important Factors Regular Tv set selling prices are down almost 17% in the earlier calendar year, according to the client rate index. That may possibly translate to large discounts for shoppers on Black Friday and Cyber Monday, when merchants typically slash charges on TVs. However, offers won’t automatically all be the most economical of the […]
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