College Savings: Key Credits and Deductions

Lisa Greene-Lewis, CPA and TurboTax expert, explains everything you need to know for this back-to-school season, including key credits and deductions. Watch the video above for tax tips about the American Opportunity Tax Credit, Lifetime Learning Credit, student loan deduction, 1099-K rules, and more. Quotes| College Savings – Key Credits and Deductions Lisa Greene-Lewis, CPA… Continue reading College Savings: Key Credits and Deductions

How to Get Uncle Sam to Contribute to Your Retirement Savings

What is the Savers Credit? And how do you qualify for this special tax credit? Retirement Daily’s Robert Powell caught up with Jeffrey Levine, CPA and tax pro from Buckingham Strategic Wealth Partners, to answer that question and more. TurboTax Live experts look out for you. Expert help your way: get help as you go,… Continue reading How to Get Uncle Sam to Contribute to Your Retirement Savings

Anker’s Nano 3 Charger is Compact and Fast Charges an iPhone

Safe to say the folks over at Anker know Apple is likely unveiling iPhones on September 7th, as the mobile accessory giant just debuted a new charger. And like previous wall plugs, this compact charger pushes out 30 watts. It’s about the same size as the 5-watt plug that Apple  (AAPL)  previously included with the iPhone,… Continue reading Anker’s Nano 3 Charger is Compact and Fast Charges an iPhone

US stocks jump as signs of weaker growth and slower inflation offer hope for a less hawkish Fed

US stocks climbed and the Nasdaq snapped a seven-session losing streak Wednesday as traders took in fresh economic indicators. The Beige Book survey found that US economic growth is set to weaken further, while inflation is showing signs of cooling off. Fed Vice Chair Lael Brainard said policymakers will fight inflation “for as long as… Continue reading US stocks jump as signs of weaker growth and slower inflation offer hope for a less hawkish Fed

European energy ministers will discuss these 5 measures designed to fight the brewing energy crisis

The European Commission on Wednesday listed five measures that will be up for discussion at a meeting of energy ministers.  Capping Russian gas prices and mandating reductions in electricity use at peak hours are on the list of measures.  Energy costs are soaring for households and businesses in the wake of Russia’s war against Ukraine. … Continue reading European energy ministers will discuss these 5 measures designed to fight the brewing energy crisis

US stocks will overcome international headwinds and outperform their global peers going forward, top economist Mohamed El-Erian says

US stocks will take a hit from the economic crisis taking place in Asia and Europe, top economist Mohamed El-Erian warned. But it’s still likely to outperform its peers due to the resilience of the US economy and the US dollar. “The west is going to suffer quite a bit in the next 12 to… Continue reading US stocks will overcome international headwinds and outperform their global peers going forward, top economist Mohamed El-Erian says

Russia’s top banks have started lending out yuan and transferring China’s currency outside the SWIFT system

Russia’s top banks have deepened their ties to China’s currency and financial system.  Moscow-based lender Sberbank said Tuesday it has started lending out money in yuan. VTB said it is the first Russian bank to launch money transfers to China via the yuan outside the SWIFT messaging network. Loading Something is loading. Russia’s top banks… Continue reading Russia’s top banks have started lending out yuan and transferring China’s currency outside the SWIFT system