Songsak Rohprasit | Moment | Getty Images Student loan borrowers whose debt is canceled in 2026 or later may face a significant tax bill. A law that shielded student loan forgiveness from taxation at the federal level — part of the American Rescue Plan Act of 2021 — expired on Dec. 31, 2025. President Donald Trump’s “big beautiful…
D3sign | Moment | Getty Images A key year-end deadline is here for many investors — and skipping it could trigger an IRS penalty of up to 25%. But there’s a way to reduce or even eliminate it, experts say. Most retirees must start so-called required minimum distributions, or RMDs, from pretax accounts at age 73….
©Studio One-one | Moment Unreleased | Getty Images Depending on where you live, relying on a postmark to prove you mailed your tax return, mail-in ballot, bill payment or any other time-sensitive document by a specific date may no longer work as you expect. As the U.S. Postal Service continues implementing operational changes in an…
With tax season approaching, millions of workers could soon claim the “no tax on tips” deduction, which offers a tax break for returns filed in 2026. But some experts question which workers will benefit from the policy. Enacted via President Donald Trump‘s “big beautiful bill,” the provision allows certain workers to deduct up to $25,000…
Aire Images | Moment | Getty Images As the calendar winds down, there is still time for certain year-end tax moves — but investors need to act quickly, experts say. With the tax season fast approaching, these tactics could boost your refund or reduce taxes owed, depending on how much you’ve already paid. However, most…
President Donald Trump addresses the nation from the Diplomatic Reception Room of the White House in Washington, Dec. 17, 2025. Doug Mills | Afp | Getty Images Read more CNBC personal finance coverage Trump’s address comes amid the president’s falling approval ratings on inflation and the cost of living, according to the CNBC All-America Economic…
NEW YORK, NEW YORK – MAY 22: Ray Dalio, Founder and CIO Mentor, Bridgewater Associates speaks onstage during The Wall Street Journal’s 2024 The Future Of Everything Festival at Spring Studios on May 22, 2024 in New York City. Dia Dipasupil | Getty Images Entertainment | Getty Images Billionaire hedge fund manager Ray Dalio and…
Senate Minority Leader Chuck Schumer, a Democrat from New York, right, and Sen. Raphael Warnock, a Democrat from Georgia, depart following a news conference at the Capitol on Dec. 11, 2025. The Senate rejected a Republican plan to replace expiring Obamacare subsidies with federally funded health savings accounts, teeing up a vote later in the…
Alessandro Biascioli | Istock | Getty Images Social Security beneficiaries will soon receive statements showing how much of their total benefits received in 2025 may be subject to federal taxes. Changes enacted by Congress this year mean there’s more reason to pay attention to those tax documents. The forms, known as the SSA-1099 or SSA-1042S,…
The U.S. Capitol in Washington, Dec. 8, 2025. Speaker Mike Johnson is pushing to unveil a Republican health-care bill in the coming days for a vote by the end of the month, but the move is unlikely to resolve a congressional deadlock over expiring Obamacare subsidies. Graeme Sloan/Bloomberg via Getty Images Congress is still deadlocked…
