A SALT exclusion is different from a deduction. In a deduction, the money you spend on state and local taxes is deducted from your taxable income. So it will only partially reduce your federal tax ...

If no legislation is signed by Dec. 31, the current rates set in the Tax Cuts and Jobs Act of 2017 will expire, and the estate-tax exemption will be basically cut in half to about $7 million. Don't ...

A Republican tax proposal could give people age 65 and older an additional deduction of $4,000 in a "senior bonus" that would ease the tax burden on older adults - although it would not end taxes on ...

President Donald Trump's move to defuse an ugly trade war with China not only sparked a massive stock-market rally but also drove down the chances of a recession - for now. The U.S. and China agreed ...

Home builders and buyers face bleak picture this spring. Weak housing starts illustrate why. Spring is usually the time when ...

Hoekstra didn't specifically address trade issues or U.S. tariffs in his remarks at the annual B7 summit in Ottawa. The ...

Shares of energy companies ticked down as traders hedged their bets on the outlook for demand. Oil futures rose this week, as ...

Despite the volatility, young people are in a powerful position to shake things up. Generation Z is expected to globally accumulate $36 trillion in income over the next five years, according to data ...

As a busy entrepreneur who owns a marketing company, Joseph Franklyn McElroy says he can easily earn well into the six figures. But he also says he has faced some credit issues in the past, so he ...

With the recent stock-market surge, investors who survived the roller-coaster ride of the past few weeks may want to use this moment as an opportunity to re-examine their risk tolerance.

'I was horrified, of course, and contacted the bank immediately' ...

"Health costs are the No. 1 expense in retirement and it's the biggest unknown," said Alan Moore, CEO of XY Planning Network, a network of financial advisers for Generation X and millennials. "You ...