Tokyo, Japan. Matteo Colombo | DigitalVision | Getty Images When it comes to travel abroad, popular destinations like London, Paris and Rome always seem to top the wish list for Americans. But many travelers are looking beyond those mainstay cities for trips in 2024. Interest in major Asian hubs, off-the-beaten-path locales in Europe and other
Personal finance
mphillips007 | iStock Unreleased | Getty Images The Powerball jackpot has ballooned to an estimated $760 million — the sixth-largest prize in the game’s history — and experts have tips on what the lucky winner should do first. If you score the winning ticket, you’ll pick between one of two payouts: annual payments worth $760 million or a
Xavier Lorenzo | Moment | Getty Images If you’re looking for a new job, get ready for more competition in the new year. “We see many more job seekers come and use our site in mid- to late-January,” said Scott Dobroski, career trends expert at Indeed. “It aligns to that new year, new you mentality,”
Tom Werner | Digitalvision | Getty Images As the calendar turns to a new year, you may be at risk for losing money if you have a flexible spending account. Many FSA owners have a Dec. 31 use-it-or-lose-it deadline to use the funds they have set aside for the year. The average forfeit of funds
Grocery items are offered for sale at a supermarket on August 09, 2023 in Chicago, Illinois. Scott Olson | Getty Images Heading into 2023, the predictions were nearly unanimous: a recession was coming. As the year comes to a close, the forecasted economic downturn did not arrive. So what’s in store for 2024? An economic
Sdi Productions | E+ | Getty Images While tax breaks are not the main reason for charitable giving, some strategies can help investors optimize their donations. It’s too late to execute some strategies with the end of 2023 just days away. “We encourage people to start thinking about charitable giving in June,” said Julie Goodridge,
Artistgndphotography | E+ | Getty Images It’s never too early to start planning for the upcoming tax season. As the year-end approaches, it’s a good time to get paperwork organized and make a checklist of tax forms you’ll need before filing, experts say. “You really need to be your own advocate,” said certified financial planner
Clemens Porikys | Getty Images Entertainment | Getty Images If you’re in your 40s, you probably have seen articles on how much you should have saved by now to comfortably retire. One guideline from Fidelity Investments calls for having three times your starting salary saved by 40, with the aim of growing that to six
Betsie Van der Meer | Getty If you’re a last-minute holiday shopper still checking off the remaining gifts on your list, beware: You could be putting yourself at risk for fraud. “Procrastination is, quite frankly, one of the keys to success for crooks,” Paul Fabara, chief risk officer at Visa, recently told CNBC. “They assume that
IRS Commissioner Daniel Werfel testifies before the House Small Business Committee on July 17, 2013. James Lawler Duggan | Reuters The IRS has unveiled a “voluntary disclosure program” for businesses that claimed a pandemic-era tax credit in error and want to pay the money back. Worth thousands per employee, the employee retention tax credit, or
Jgi/jamie Grill | Tetra Images | Getty Images The IRS is waiving roughly $1 billion in late-payment penalties for millions of taxpayers with balances under $100,000 from returns filed in 2020 and 2021. Some 4.7 million individual taxpayers, businesses, trusts, estates and nonprofit organizations are eligible for the relief, which amounts to about $206 per
Catherine Falls Commercial | Moment | Getty Images The page has almost turned on 2023 — and that means time is running out to make certain tax moves by year’s end, or else risk missing out on their benefits. Here are some tax strategies to consider before ringing in the new year, according to advisors