Business

Companies facing 1st tax on stock buybacks in Biden bill

Democrats have pulled off a quiet first in their newly signed legislation addressing climate change and health care: the creation of a tax on stock buybacks, a cherished tool of Corporate America that had long seemed untouchable.

Expanded IRS free-file system one step closer in Dems’ bill

The flagship climate change and health care bill passed by Democrats and soon to be signed by President Joe Biden will bring U.S. taxpayers one step closer to a government-operated electronic free-file tax return system.

This is the salary you need to afford a home in California

The Golden State is notorious for its exorbitant housing prices up and down the coast - from San Francisco down to San Diego - it isn't a surprise to see houses for sale triple the amount than in other parts of the country.

4 Best Places in California for a Couple To Live Only on Social Security

One of the nation's biggest financial crises centers on retiring: people just can't afford to do it. According to 2021 data from the Natixis Global Retirement Index, 36% of Americans said they will never have enough money to be able to afford to retire.

Gas prices dip just below $4 for the first time in 5 months

Gasoline prices dipped to just under the $4 mark for the first time in more than five months — good news for consumers who are struggling with high prices for many other essentials.

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